Misk Islamic Bank is your reliable partner for international transfers.
International transfers
Send and receive money safely and efficiently. International money transfers at Misk Islamic Bank provide a safe and fast solution for transferring money across borders while fully adhering to the principles of Islamic Sharia and providing banking services compatible with Islamic values.
Key benefits
Security, rest assured that your funds are protected by strong security measures.
Efficiency: Experience fast and reliable international transfers
Sharia Compliance Our services are carefully designed to comply with Islamic principles of financial transactions
Compliant values: Enjoy banking services in line with Islamic values.
How to make international money transfers at Misk Islamic Bank
1. Submitting A Transfer Request: The customer submits an international money transfer request by visiting one of the bank branches or via electronic banking services (if available).
2. Verifying the Customer’s Identity: The bank verifies the customer’s identity and the required documents in accordance with local and international anti-money laundering and terrorist financing regulations.
3. Specifying the transfer details The customer must specify the transfer details, including the transfer amount, target currency, and beneficiary information (name, account number, beneficiary bank, etc.).
4. Verifying Sharia Conditions: The bank verifies that the transfer is in line with Islamic Sharia, such as that it is not involved in usurious transactions or illegal activities.
5. Transfer Execution: The transfer is executed using international banking networks such asSWIFT or other Islamic banking networks. The bank makes sure that the process is done quickly and efficiently.
6. Service Fees: The bank charges a service fee for the transfer, and these fees must be transparent and announced to the customer in advance. Islamic banks avoid charging usurious interest.
Advantages of international money transfers at Misk Islamic Bank
Compliance with Islamic Sharia Transfers are carried out in accordance with the provisions of Sharia, ensuring that transactions are legitimate and halal.
Speed and Efficiency: The bank is keen to ensure that transfers are completed quickly and efficiently, using modern technology and reliable international banking networks.
Transparency: The bank provides clear information about service fees and any additional costs, ensuring there are no hidden fees.
Security: The bank uses modern security technologies to protect financial transactions and ensure that the funds reach the beneficiary safely.
Documents required to make international financial transfers
Customer ID: A valid passport or national ID card.
Beneficiary details: Full name, account number, bank name, bank address, codeSWIFT or IBAN
Reason for transfer Explaining the purpose of the transfer (such as paying fees, education, importing goods, etc.).
Procedural Steps
Visit the branch or use the electronic service
The customer can visit the branch to submit a transfer request.
Filling out the transfer form: The transfer form is filled out with the required information and submitted with the necessary documents.
Payment of service fees: The customer pays the service fees required to transfer the amount.
Obtaining transfer confirmation: The customer receives confirmation that the transfer has been completed, including the transfer number and transaction details.
Seamless Banking
Misk Islamic Bank offers a variety of banking services that comply with the provisions of Islamic Sharia
