Telegraphic Money Transfers
Instant outward and inward international money transfers.
Main Features:
- Electronic transfer of funds.
- Worldwide coverage.
- Transfer charges as per the bank tariff guide.
Basic Requirements:
- Enough cash or credit balance in local or foreign denomination available on account for transfer.
- Names and account details of recipient
- Name, account details and address of Correspondent Bank
Benefits:
- Fast, safe and reliable.
- Facility convenient for movement of large sums of funds.
- Risk of forgeries is reduced as no cheque issuance is involved.
- Worldwide coverage.