An Inward Telegraphic Transfer (also known as an “inward wire”) is an electronic transfer of funds directly credited to your account from an Overseas bank. In most cases a Telegraphic Transfer is the quickest way to receive funds from abroad. The payment instruction will be received as a SWIFT (Society for Worldwide Interbank Financial Telecommunication) Message.
Customer must have an account with BRED Bank Solomon, and must comply with AML requirements.
- If transfer comes from a sensitive country, the customer is required to provide source documents (e.g. Rental agreement).
- If the beneficiary is an International company, or Trust company, or Service Provider, they are require to provide source documents (e.g. proof of property sales).
Turn around time
Receiving date or 2 days value.