Telegraphic Money Transfers- Outward TTS (Remittances)
Product Features
- Geographical coverage is internationally.
- Processed in USD, EUR, GBP, ZAR and CNY.
- 1 - 3 working days from the transaction till the funds are credited to the beneficiary account.
- Electronic transfer of funds out of the country.
- Outward Transfer charges as per the bank tariff guide at all bank branches.
Benefits
- Fast, safe and reliable.
- Facility is convenient for movement of large sums of money.
- Low risk of forgeries as no cheque issuance is involved.
- Worldwide coverage.
Requirements
- Remitter MUST be an account holder.
- Must have enough cash or credit balance to cover the transfer & charge.
- Remitter must have full beneficiary names & Address, A/c number, (IBAN number included for all Euro & GBP transfers), Swift address of beneficiary bank.
- Remitter (Sender’s) full name (as per our records), address and Telephone number. (For easy follow up in case of feedback or clarification needed.)
- Details of charges (any of the following alternatives):