Remittance and Bills Department:
Remittance Products
1. International remittance services
Inward remittances from abroad
Inward remittances from abroad represent a mode of the financial settlement, by which an overseas remitter transmits payment in currencies to a domestic recipient through a bank.
2. Outward remittances to foreign countries
Outward remittances to foreign countries represent a mode of the financial settlement, by which a domestic remitter transmits payment in currencies to the recipient abroad, through a bank.
Alyousuf Exchange & Money Transfers B.S.C.(c): Your Ultimate Guide Alyousuf Exchange & Money Transfers B.S.C.(c) is a Bahrain-based financial institution that provides a range of foreign exchange and money transfer services. If you’re planning to send money overseas or looking for a reliable foreign currency exchange provider, Alyousuf Exchange & […]
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MoneyGram International MoneyGram International Inc. is a global fund transfer company. It is in the United States. It headquarters is in Dallas, Texas. MoneyGram has operations expanded in centres in St. Louis Park, Minnesota and Brooklyn Center, Minnesota, a call centre in Denver, Colorado, and regional and local offices around […]
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What is Foreign Remittance? Definition: Remittance represents transfer of fund from one place to another through official channel. Foreign Remittance: Foreign Remittance refers remittance of Foreign currency that are received in and made out abroad. Foreign Remittance also includes purchase and sale of freely convertible foreign bills and currencies. Types: […]
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