REMITTANCE

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

• Western Union: Financial Services Corporation that specializes in the transfer of money from one location to another location. Individuals deposit money at one of the branches and then the receiver is able to pick-up the funds at another branch.
• Xpress Money: Xpress Money is an instant money transfer brand with the largest global agent network.
• Instant Cash: Send money locally or across the globe within minutes.
• International Money Express (RIA financials): Send and receive money via RIA branches around the world.
• TransFast: Transfast has payment points worldwide, with agents representing the company around the globe. Customers can send money in person to be received in cash or direct into a bank account.
• Prabhu Money
• Himal Remit
• Everest Remit