Remittances services facilitates sending and receiving money transfers for different purposes. This money can be for business or personal use. Salaam African Bank offers a secure and dependable remittance service through which our customers can receive or send money from any place in the world at very competitive rates.
Send money home quickly and conveniently.
We facilitate money transfers across our
reliable banking network quickly.
Telegraphic Transfers - Remittances
Features and benefits
- It’s the fastest mode of money transfer
- It’s the most convenient for settling obligations
- The money can be transfer in any major currency for permissible amounts.
- A fee is charged for all international and domestic money transfers
Requirements
- Duly filled and signed telegraphic transfer application form
- Both the remitter and the beneficiary must have bank accounts indicating the full name, addresses, account number, and the SWIFT Code or the BIC
- Clearly state the purpose for sending the money, and attaching supporting documents. Examples; payment of salary, family bill, school fees, settlement of business transactions
