|
What types of transactions can I make
through Global Money Exchange?
We provide remittance facility to Bank accounts as well as cash
pickup services. One can make remittance to any
bank account, which is permitted to accept transfer from Oman,
subject to limits on number of transactions and transaction
amount. These limits vary from country to country as well as
product to product; moreover, please ensure that any remittance
you make should commensurate with your earnings.
How do you do currency exchange?
We buy and sell all major currencies at competitive rates. Sale
of foreign currency is carried out based on availability of the
currency with us. Customers can purchase foreign currency by
tendering OMR or exchange foreign currency with you and collect
OMR.
Is it possible to cancel a remittance?
As all the transactions are carried out electronically, usually
beneficiary's account will be credited within minutes; however,
we may cancel a transaction if the amount is not received by the
Beneficiary Bank / Channel Partner. In case, if you notice that
the beneficiary details are not correct, please contact the
nearest branch and inform.
Who can send money through Global Money
Exchange?
Holders of valid Resident Cards issued in Oman
can send money through us. GCC Nationals, holding their valid
resident cards, can also make remittance through us. Persons who
are on visit visa / tourist visa cannot make remittances through
us. Expatriates who hold resident card of other GCC countries,
cannot make remittance through Global Money Exchange, only
currency exchange is possible.
What details I need for bank transfer?
To make a bank transfer (India / Bangladesh / Sri Lanka / Nepal
/ Philippines / Indonesia / Egypt), one must furnish the
beneficiary name, account number, his/her bank and branch
details. For bank
remittances to Pakistan, we need Name of the Bank and the IBAN
number of the Beneficiary. Personal Bank remittances to UAE and Saudi
Arabia requires bank name, branch name, IBAN number as well as
the SWIFT code.
What details I need for cash pickup?
All you need is the name of the beneficiary that appears exactly
printed in his/her ID card. Mobile number and location of the
beneficiary will be added advantages.
How much time does it take for bank transfer
to India?
Global Money Exchange is happy to announce instant money transfer
facility to 25 major banks in India through IMPS. Remittance
will be credited to the account immediately, irrespective of
holidays and working hours.
What is KYC?
Global Money Exchange adopts international standards to combat money
laundering and terrorism. As a part of it, customers are
requested to produce their ID card at the time of each remittances
they make. While making large value remittances, customers are
requested to produce the source of income and bank
withdrawal slip along with declaration of purpose of remittance.
|
