Telegraphic Transfer
Telegraphic Transfer or Wire Transfer is considered to be one of the fastest means of remitting funds overseas. Whether the money you send is someone's university fee, hospitalization deposit or immigration fee, Dollar East makes sure that your payment is transferred in a secure and swift manner. It is very easy to send money abroad through Dollar East Telegraphic Transfer.
Through Dollar East Telegraphic Transfer service, money is transferred into the beneficiary`s account within 2-3 working days (depending on the corresponding bank). With Dollar East it is easy to send money via Telegraphic Transfer.
Frequent uses of Swift Transfer:
- University fee
- Hospital expense
- Franchise fee
- Consultant fee
- Maintenance bill etc
Documentation Checklist for Telegraphic Transfer:
In order to facilitate the smooth processing of your outward remittance request, it is essential to provide the required documentation accurately and promptly. Your cooperation in adhering to these document submission guidelines will significantly contribute to the seamless and efficient execution of your outward remittance transaction.
For USD:
Sender Requirement:
1: Orignal ID card
2: Personal PKR account
3: Bank Statement
4: Copy of Cheque
5: Source of Income
Receiver Requirment:
1: American passport or Pakistani Passport
2: Pakistani NTN number
3: Address
4: Bank account detail
5: Social Security Card or Resident Card or Health insurance Card
For EUR:
Sender Requirement:
1: Orignal ID card
2: Personal PKR account
3: Bank Statement
4: Copy of Cheque
5: Source of Income
Receiver Requirment:
1:European Passport or Pakistani Passport
2: Pakistani NTN number
3: Address
4: Bank account detail
5. Tax Identification Card (TIN) or Health insurance Card or Resident Card
For GBP:
Sender Requirement:
1: Orignal ID card
2: Personal PKR account
3: Bank Statement
4: Copy of Cheque
5: Source of Income
Receiver Requirement:
1: British passport or Pakistani passport
2: Pakistani NTN number
3: Address
4: Bank Account details
5. Resident Card or National Insurance Card or Medical Insurance Card
For AUD:
Sender Requirement:
1: Orignal ID card
2: Personal PKR account
3: Bank Statement
4: Copy of Cheque
5: Source of Income
Receiver Requirment:
1: Australian passport or Pakistani passport
2: Pakistani NTN number
3: Address
4: Bank Account details
5. Australian Tax file Card TFN or Health Insurance Card or Resident Card
Required Details:
Sender:
- Full Name
- CNIC Copy
- Phone Number
Beneficiary:
Evidence of the purpose for Telegraphic Transfer(e.g., University offer letter)
Original CNIC along with its photocopy/Passport along its copy.
Ensure the following information is correctly provided.
- Beneficiary account number
- Swift Code
- IBN/Sort Code/BSB/ABA/Routing number/Transit Number (According to the country requirement)
Terms & Conditions:
Dollar East is not responsible for following:
- Delay/wrong payment due to incorrect details provided or due to OFFAC sanctions.
- Service Charges deducted by foreign Banks
- Service Charges will be applied for amendment/correction/tracking of the payment.
- According to the State Bank of Pakistan, all KYC procedures will be followed for any transaction.
- Expired CNIC/Passport will not be accepted.
