Remittance is the process of sending money to remove an obligation. This is most often done through an electronic network, wire transfer or mail. The term also refers to the amount of money being sent to remove the obligation. Incoming Remittance
Benefit
Safe and Quick. We use a high-tech payment system and SWIFT based technology.
Payment rejection is Payment rejected due to incorrect account number and beneficiary name. Payment rejection cost is a much as USD 20,-
Cancel Request from Remitting Bank
Cancel request from remitting bank is Payment cancellation request from remitting bank, cancellation need prior approval from our customer, which their account had been credited. Cancel Request cost is as much as USD 20.- and burden to the remitting bank.
Outgoing Remittance
Outgoing remittance is foreign currency transfer to other bank. Customer or non-customer can utilize this service.
Benefit
Quick and Safe. We use high-tech payment system and SWIFT based technology.
Flexible. Cash or debiting accounts are available due to initiating outgoing remittance.
Lower cost. Come with competitive charges.
Competitive buying and selling rate.
Risk
Operational Risk The dysfunction of internal process, human error, system failure or external problem.
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