Telex Transfers (TT)/Electronic Fund Transfers: Electronic fund transfers are considered to be the most secure, reliable and globally accepted remittance mechanism in the world today. Our wide network of banking relationships with the major correspondent banks covering almost every part of the world ensures smooth transfer of funds in all permitted currencies. Customers within UAE can also receive and send money at our 22 branches through our own Local TT service
Demand Drafts: A demand draft is a method used by an individual for making a transfer payment from one bank account to another. This is a convenient and cost effective way of transferring money directly to the beneficiary especially for purposes such as application payments and other commercial basis. We issue Indian Rupee / US Dollar Demand Drafts of Canara Bank to our customers for their genuine personal/official needs and education purposes.
Instant Money Transfers
We have tied-up with below mentioned major money transfer agents to facilitate customers to receive and send money from & around the world within minutes
Flash Remittance Services ( Instant Credit to Bank Accounts ):
India | Canara Bank Flash Remittance Service |
Pakistan | MCB Bank Ltd. |
Nepal | Century Commercial Bank Ltd |
Credit to Bank Accounts ( All banks / all accounts through Correspondent Banks ):
India | Canara Bank & Indian Overseas Bank |
Pakistan | MCB Bank Ltd. |
Bangladesh | Islami Bank Bangladesh Ltd. |
Sri Lanka | Commercial Bank of Ceylon |
Nepal | Century Commercial Bank Ltd |
Philippines | Metro Bank |
All other countries: | Abu Dhabi Commercial Bank PJSC. |