BANKING SERVICES
Money Transfers
The economy bank provides remittances service globally in various currencies to its individual and corporate clients, where the customer can set fixed orders to transfer money on a regular basis, and work is currently underway to increase and expand the base of regional and international banks correspondent to our bank in order to ensure a broader and more comprehensive coverage of external remittances
customers can apply to make money transfers at any branch of the economy bank or send them through the use of electronic banking services (this service is currently being developed), bearing in mind that the time required to make any money transfer takes two working days.
- There is no maximum amount to be transferred when applying through the branches of the economy bank, provided that the transfer is available
- If the customer does not have an account with the economy bank, there is an upper limit for making any transfer, provided that the amount to be transferred does not exceed 10,000 us dollars or its equivalent in other currencies).
- Customers of the economy bank, the upper limit of the amount to be transferred is us dollars or its equivalent in other currencies).
Information needed to make any transfer
- Applicant’s name and account number
- Beneficiary’s name and physical address
- The amount and currency of the transfer
- Beneficiary’s bank name, branch and swift code the beneficiary bank pass code (if any)
- Beneficiary’s IBAN number
- The purpose code of the conversion
- Payment details
