Fund Transfers
Through our international correspondent banking relationships we provide direct and indirect foreign currency remittance facility around the world.
Afghanistan International Bank’s Fund Transfer system is one of the easiest offline methods of sending/receiving money to/from your family and friends universally. No matter where they are in the world.
Fund Transfer System, to your local bank, allows you to remit money from your local bank to any bank account existing any where locally or internationally.
All you need to do is to walk over to your local bank branch and instruct them to debit the specified amount from your account with the correspondent bank (see correspondent bank list) within the full details of the beneficiary account and the sum of the amount to be remitted.
The fund transfer will be processed in 24 banking hours after the Bank has received the funds into its account. It typically takes 24-48 banking hours for the funds to reach the beneficiary account from the time you place the request with your bank.
AIB bank provides this service to all; however, it charges you for the transfer applying competitive market rates.
Benefits:
· Fast Money Transfers via SWIFT
· No limits! On the amount that can be remitted.
· Competitive Exchange Rates
· Your Beneficiary doesn’t need to have bank account with AIB