Remittances

Different types of remittance services to cater to your specific needs.

Eligibility

  • Open only to customers who maintain a BIBD corporate account.

Required Documents

  • An original copy of identity card or passport.
  • Completed Remittance form.

Fees and Requirements

Features & Benefits

Cashier's Orders

Local currency payment facility in the form of a Banker’s cheque

Demand Draft

Foreign currency payment facility in the form of a Banker’s cheque

Telegraphic Transfer

Facility provided for electronic transfer of funds to accounts located in different countries..

Travelers' Cheques

Encashment facilities

Outward Bills for Collection

Foreign currency clearing facilities

Inward Remittances

Local currency clearing facilities

Al-Ajr

Refers to the service provided by the Bank with an imposed fee.