Remittance


Remittance

Middle East Bank’s experts work closely with you to understand your business needs and its trade cycle. We provide you with customized solutions, thus you will focus on the trade while we take care of efficiently handling the payments.
 
Payment orders and money transfers must comply with CBI rules and follow international standards and regulations. Inward and outward payment orders will be through various methods and systems such as SWIFT, etc. The amount will be credited into your account with MEB or will be transferred upon your request after compliance and considering AML procedures.

Trade remittance
One of our services to meet your international trade needs is Trade remittance. We issue remittance according to CBI rules and regulations for the import and export of humanitarian goods. Whether you are using the allocated foreign currency to your import or the foreign currency from other valid sources (Import income, L/C income, Inward remittance, interbank remittance, etc.), our experts will assist you with a safe and smooth transaction.

To learn more about how to apply and the process, contact our expert relationship managers in the international department.