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Get Remittance Application Form
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How to fill out the Remittance Application Form online
Filling out the Remittance Application Form online can streamline your remittance process, ensuring your funds are transferred efficiently. This guide will walk you through each section of the form, providing clarity and support to help you complete your application accurately.
Follow the steps to complete the Remittance Application Form online.
- Click ‘Get Form’ button to access the form and open it for editing.
- Begin with the date field and enter the current date, which is a mandatory field.
- In the customer’s information section, fill in the name of the sender and their address. Make sure to provide accurate details as this information is obligatory.
- Indicate whether the application is submitted in person by checking the appropriate box.
- Select the account type you prefer for the transaction, either ‘Company’ or ‘Individual.’ This selection is necessary.
- Input the currency of remittance and the amount you wish to remit or the equivalent amount in the currency to be converted.
- Fill in the ID or passport number, which is required to identify the sender.
- Enter the debit account number from which the funds will be withdrawn and confirm the currency type.
- Specify any charges you wish to debit and enter the associated account number.
- In the intermediary bank section, you may provide the bank’s name and address if applicable, but this is optional.
- Complete the beneficiary’s bank details, including the bank name, address, and country. All fields in this section are mandatory.
- Record the beneficiary's name and address, ensuring correct country information is included.
- In the details of payment section, select the transaction type code required for AED remittances.
- Choose who will bear the transaction charges, either borne by the beneficiary, the remitter, or shared.
- If required, complete any forward contract or treasury deal number details and confirm the FX rate.
- Sign the form to authorize the bank to debit the designated accounts for the transaction.
- Review all entries for accuracy and completeness before submitting.
- Finally, save your changes, and you can choose to download, print, or share the form as needed.
Complete your remittance application online today to ensure a smooth transfer of funds.
Related links form
When migrants send home part of their earnings in the form of either cash or goods to support their families, these transfers are known as workers' or migrant remittances. They have been growing rapidly in the past few years and now represent the largest source of foreign income for many developing countries.
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