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Fund transfer via SWIFT - the world's platform for electronic messages.
Speed
Fund should be received within next working day if no delay at beneficiary's bank.
Cost
0.15% of TT amount or min. of US$ 5.00 + cable charge of US$ 15.00
Safety
Very safe. Handled through banks - no risk of losing funds.
Money is remitted and handled by the Bank on behalf of the customer. Bank will make an arrangement for payment and settlement through establishment of correspondent banking relationship with each other. Payment is sent via authenticated electronic means.
If you’re at our branch, simply fill out the Remittance Application form, sign it, and hand it to our teller. Alternatively, log in to your internet banking account.
In your internet banking account, select the ‘Fund Transer Menu’ and choose either a ‘Local Bank Fund Transfer’ or the ‘Overseas Bank Fund Transer’ sub-menu.
Enter the details of the beneficiary, and the amount of money you wish to transfer. You can create templates should you plan to repeat transfers to certain beneficiaries in the future.
Click ‘Next’ when you’ve filled in the details, and you’ll get a summary of your payment. Once you’ve confirmed the details, we’ll send you a security code.
Enter the security code, and the payment shall be processed.
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