Khan Bank is a member of SWIFT (Society for Worldwide Interbank Financial Telecommunication) since 2003 to provide dependable transfer services using the standardized financial message network. Transfers made through SWIFT have the following strengths:
- Secure - Only the sender and beneficiary’s banks can access the transaction details. No third party can access such information.
- SWIFT- Financial message from the Sender bank arrives at the Beneficiary bank within 5 seconds.
- Reliable - SWIFT has centers in different countries for management of the system throughout the world.
Khan Bank can correspond with any bank, member of the SWIFT network, through its specific code AGMOMNUB.
Khan Bank continues to solidify position in international financial market and has established correspondent relationship with major banks in the world. We are offering transfer services available in following currencies:
USD, EUR, CNY, JPY, CHF, GBP, CAD, AUD, KRW, RUB, SGD and NZD
Please CLICK HERE to view the list of banks where Khan Bank holds standard nostro accounts for payment services.
Please CLICK HERE to view the list of banks with which Khan Bank maintains correspondent accounts.
Outgoing remittances:
- The transfer funds can be either paid in cash or debited from current accounts.
- You can exchange cash or money in your account using foreign exchange service of Khan Bank. Depending on the amount and currency of the transfer, you may be able to negotiate the exchange rates with the bank dealers. Please contact:
- Telephone: 332333 ext- 3184, 3187 or
- E-mail: click here to write an email
Note: The exchange rate negotiated with dealers is valid only for the particular day or until the exchange rate announced by Khan Bank is adjusted.
- To make the transfer, you can either come to Khan Bank branches and fill out International Remittance Order or use Khan Bank Internet Banking service at your convenience.
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Important
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For all countries
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Pursuant to regulation against money laundering, make sure that sender’s name, address and ID numbers are provided in full.
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China
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1. Beneficiary’s bank name, branch address and beneficiary’s name written in Chinese characters must be attached for any CNY transfers. Note: This does not apply to transfers made by cardholders of Agricultural Bank of China.
2. To clearly specify the “Transfer description”
3. The following activities are prohibited in accordance with laws and regulations of China:
- To make transfer from a company to an individual in China
- To disburse a transfer exceeding USD 50,000.00 to an individual.
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Russia
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The following additional information is required for RUB transfers:
1. BIK code-Russian bank code, 9 digits
2. Clearing account number of Beneficiary’s bank, 20 digits
3. INN number- taxpayer number
4. VO code or a code that classifies the transfer
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- In some cases, the transfer goes through an intermediary bank before reaching beneficiary’s bank. In such case, the intermediary bank charges can be paid as follows:
- deducted from the amount of transfer (codeword BEN)
- to pay the fee to Khan Bank in advance, please refer to Fee Schedule for International Remittance of Khan Bank for details on the guaranteed OUR or non-guaranteed OUR charges.
Note: Please identify your charge payment options on the Khan Bank International Remittance Order Form.
Incoming remittances:
- You can receive funds from abroad in the following ways:
- Transfer can be credited to a current and or deposit account denominated in the same currency as of the transfer.
- Collect the transfer at a Khan bank branch
- You may receive funds in your current or deposit account denominated in a currency different from that of the transfer by using Khan bank foreign exchange service. Depending on the currency and amount of transfer, you may negotiate an exchange rate with Khan bank dealers. In order to do so, please contact:
- Telephone: 332333 (3184, 3187 ext)
- E-mail: click here to write an email.
Note: The exchange rate negotiated with dealers is valid only for the particular day or until the exchange rate announced by Khan Bank is adjusted.
- To receive funds from abroad, please use Inward Payment Instruction form and select by the currency in which you wish to collect the transfer from our correspondent banks.
- Please provide Khan bank current or deposit account numbers as well as name of the account in their corresponding fields provided in the Inward Payment Instruction form in the following events:
- When collecting transfer funds in an account denominated in the same currency as that of the transfer.
- When collecting transfer funds in an account denominated in a currency different from that of the transfer (the transfer funds will be converted at Khan bank’s exchange rate of the particular day)
- If recipient’s account is a corporate account
- Please provide code of Khan bank branch at which you will receive funds, your full name and ID card number in corresponding fields provided in Inward Payment Instruction form in the following events:
- If the recipient does not have an account denominated in the same currency of the transfer and wish to collect in cash in the currency of transfer funds
- If the recipient is an individual
Please refer to inward payment instructions for guidelines for receiving transfer from abroad.
Further information:
Khan Bank wire transfer details and details of our correspondent banks are listed on the CHIPS clearing house interbank payment system at http://www.chips.org/uid/uid_display.php?UidNum=412779 under CHIPS participant #412779 for USD payments.
For inquiries on executed remittances, please contact Accounting & Control Department of Khan Bank.
