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Inward & Outward Remittances
Inward & Outward Remittances
remittances

Remittance (money transfer, funds transfer or payment order) is the process of transferring money which is begun with the originator’s payment order, made for specific purpose to the designated beneficiary, and completed upon acceptance by the beneficiary’s bank.

Inward Remittances
Telegraphic Transfer
Overseas Transfer
0.1% commission; min USD10.00
Domestic Transfer
USD5.00
Outward Remittances
Telegraphic Transfer
Overseas Transfer
0.20% commission; min USD15.00
+ cable USD20.00
Domestic Transfer
0.05% commission; min USD5.00
Note
  • All commissions and charges are subject to change at the Bank's sole discretion.
  • Third party and other charges which may be applicable will be charged accordingly.
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Remittances