Telegraphic Transfer

Telegraphic Transfer It is an electronic method of funds transfer and is appropriate for sending large sums of money directly to the beneficiary’s bank account. This method of sending money is suitable for the following purposes:

Following are the requirements for sending Telegraphic Transfer.
For more information, visit your nearest Dollar East branch or call us at 03 111 222 156

University Fees

The requirements for sending university fees through Telegraphic Transfer are as follows

Required Information from Sender

Offer letter from the University or College mentioning the total fees

Copy of a valid Pakistani Passport

Original CNIC

Copy of Cheque

Student aged 18 years or above: Personal account in any bank

Student below 18 years: Blood Relative (Mother, Father or Unmarried Sister) personal account in any bank

Transfer of PKR from the beneficiary’s personal bank account to Dollar East’s account

Bank statement after transfer amount with bank stamp and sign

Fee Request Letter (at least 7 days’ expiration date)

Same Bank: Copy of cheque / Interbank / RTGS / IBFT / Online Transfer

Different Bank: Copy of cheque / Interbank / RTGS / IBFT / Online Transfer

University Information

University or College account title

University or College Registration number / Incorporation number / Tax number

University or College Address

University Bank Information

Bank Name

Bank Address

Bank Account Number

Swift Code / BSB Number / Sort Code / Routing Number / Transit No. / Institution Number, depending on the country

Bank Routing Number / ABA Number / Sort Code / IBAN Number

Medical Expenses

The requirements for sending university fees through Telegraphic Transfer are as follows

ID Card of Sender

Transfer through Bank Account / RTGS / IBFT / Online Transfer / Cross Cheque

Signed and stamped Letter from the Hospital

Doctors Letter with detailed medical history and treatment of the patient

Letter covering all the medical expenses until full recovery

Passport of the patient

TT will be sent to the Bank Account of the hospital

Personal Remittances

The requirements for sending personal remittances through Telegraphic Transfer are as follows

For USD:

Sender requirement:

1: Original ID card
2: Personal PKR account
3: Bank Statement
4: Copy of Cheque / RTGS / Cross Cheque
5: Source of Income
6: NTN Number

Receiver Requirement

1:  American passport or Pakistani passport
2: Address
3: Bank account detail
4: Social Security Card or Resident Card or Health Insurance Card

For EUR

Sender Requirement

1: Original ID Card
2: Personal PKR Account
3: Bank Statement
4: Copy of Cheque / RTGS / Cross Cheque
5: Source of income
6: NTN Number

Receiver Requirement

1: European passport or Pakistani passport
2: Address
3: Bank account detail
4: Tax Identification Card (TIN) or Health Insurance Card or Resident Card

For Outward remittance GBP

Sender Requirement

1: Original ID card
2: Personal PKR Account
3: Bank statement
4: Copy of Cheque / RTGS / Cross Cheque
5: Source of Income
6: NTN Number

Receiver Requirement

1: British passport or Pakistani passport
2: Address
3: Bank Account details
4: National Insurance Card or Medical Insurance

For Outward remittance AUD

Sender Requirement

1: Original ID card
2: Personal PKR Account
3: Bank Statement
4: Copy of Cheque / RTGS / Cross Cheque
5: Source of Income
6: NTN Number

Receiver Requirement

1: Australian passport or Pakistani passport
2: Address 
3: Bank Account details
4: Australian Tax File Card TFN or Health Insurance Card or Resident Card