CRDB Bank International Money Transfer

CRDB Bank International Money Transfer

For students who are staying away from home while studying abroad, managing money and transfers is one of the most crucial and difficult duties. Even parents of students who are studying abroad are frequently frightened and anxious about the process of transferring money for their kids. Some pupils may find the entire process to be completely unfamiliar. Through this blog, we will highlight the easiest way of doing it with CRDB Bank international money transfer. Keep reading to know more.

Also Read: MIZUHO BANK INTERNATIONAL MONEY TRANSFER

About CRDB Bank 

Under the Company’s Act, CRDB Bank Burundi S.A. was established in Burundi in 2012 and is based there. It provides the general public with a wide array of Corporate, Retail, Business, Treasury, and other diverse banking services. A 100 per cent owned subsidiary of CRDB Bank plc, CRDB Bank Burundi S.A. Private commercial bank CRDB Bank plc was established in Tanzania and is traded on the Dar es Salaam Stock Exchange. The Bank’s main business is offering banking services to corporate clients, SMEs, microfinance organisations, and private citizens.

Also Read: FIDELITY BANK INTERNATIONAL MONEY TRANSFER

CRDB Bank International Money Transfer

Are you concerned about covering your everyday costs, paying your rent or tuition?  One of the safest methods for sending money overseas is through a CRDB bank international money transfer; the recipient will get the money within 24 to 48 hours. Students can also receive money from any country abroad. Below mentioned are the bank details:

Bank name: CRDB BANK BURUNDI S.A

Address: 490 A, CHAUSSEE DU PRINCE LOUIS RWAGASORE

P: 254 BUJUMBURA – BURUNDI

Swift code: CORUBIBU.

Also Read: SMBC International Money Transfer

For Transfers in US DollarsIntermediate bank-
CITIBANK, NEW YORK, UNITED STATESSwift / BIC code: CITIUS33
Corresponding Bank-
CRDB BANK PLCSwift / BIC code: CORUTZTZ
For US Euro TransfersCorrespondant Bank-
BOA-FRANCESwift code/ BIC : AFRIFRPPXXX

CRDB Bank SWIFT Code Details

Your country, city, bank, and branch are all identified by the 8–11 characters in a SWIFT/BIC code. Let’s take a closer look;

  • A-Z bank codes

The bank is represented by 4 letters. Usually, it appears to be the name of that bank abbreviated.

  • A-Z list of countries

2 letters that identify the nation where the bank is located.

  • Location 0-9 A-Z code

2 numeric or alphanumeric characters. It details the location of the bank’s headquarters.

  • Code of Branch 0-9 A-Z

Three digits that identify a certain branch. The bank’s headquarters are represented by ‘XXX’.

SWIFT CODECORUTZTTZXXX
Swift Code( 8 characters)CORUTZTZ
Name of the BranchCRDB Bank PLC
The Location of the Bank BranchAZIKIWE STREET, OFFICE ACCOMMODATION SCHEME
Branch CodeXXX
City DAR ES SALAAM
CountryTanzania

How to Transfer Money Through CRDB Bank International Money Transfer?

  • Create a profile
  • You will be asked for your credentials, including your name, address, and other information.
  • Please also include your phone number and email address.
  • For security reasons, the recipient’s information, including their name, address, and phone number, will be asked.
  • Enter the transaction amount following the verification process. 
  • The next step would be to select a payment option and continue to follow the on-screen directions. Candidates should be aware that exchange rate variations have no effect on the fees.
  • When the transfer and transaction are finished, the candidate will receive an email notification.

Must Read: Bank of Maldives International Money Transfer

What Information is Required to Complete the Transaction?  

  • The recipient’s full name as it appears on their bank statement
  • The recipient’s home address and mobile number
  • CRDB Bank’s Swift code is CORUTZT10TD.
  • Account number for the recipient’s bank

FAQs

Ques: What is the mazimum transfer  CRDB Bank?

Ans: 200 million per day, USD. 200, 000, EURO 200,000 and GBP 200,000. These limits shall take into consideration TISS, SWIFT and Personal Transfers only.

Ques: What is the SWIFT code of CRDB Bank account.

Ans: CORUTZT10TD

Ques: Is creating a profile with CRDB mandatory for transferring money abroad?

Ans: Yes. In order to transfer funds internationally, creating a profile is mandatory. 

This was all about CRDB Bank international money transfer. We sincerely hope that you learned and were able to use the information on our blog. If you’re searching for a student loan or want to send money overseas, be sure to visit FlyFinance. Contact Leverage Edu for further assistance with your study abroad needs. 

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