Fund transfer involves moving money from one account to another, with the ability to make payments through various channels like online banking, mobile application, or in-branch transactions.
When you transfer funds, you may be charged fees, and the exchange rate can affect the amount received, especially when sending money internationally. Being aware of these costs helps you make cost-effective decisions.
Different transfer methods suit different needs. Bank transfers through branches are suitable for large amounts, while online transfers and mobile app transfers provide convenience for routine transactions.
Initiating the transfer involves providing necessary details like account numbers, selecting the amount, and confirming the transaction. A practical example might be transferring money from your savings account to pay a utility bill online.
Set up automatic bill payments, transfer funds through online banking, or use mobile apps for day-to-day transactions. This reduces the need to visit branches or Cash and Cheque Deposit Machines.
Remember, while remittance services offer a diverse range of benefits, it´s essential to exercise caution to ensure the safety and security of your money. If you have specific questions or concerns, please call us on 600555522
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Ajman Bank Public Joint Stock Company (P.J.S.C) is licensed by the Central Bank of the UAE. All our products and services are Shari’ah compliant.
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