All About International Transfers through Emirates NBD

emirates nbd international transfer

Emirates NBD Bank PJSC is a government-owned bank situated in Dubai. This bank is one of the largest banking groups in the Middle East by assets. Emirates NBD offers free 24/7 online international transfer to its customers if transferring via online banking and mobile banking.

The international transfers made through Emirates NBD will reach the recipient in a matter of 2-3 days. Customers can make International transfers in less than 60 seconds to countries such as India, the Philippines, Egypt, Pakistan, and Sri Lanka. Let’s understand all the major features and other details of Emirates NBD International transfer. 

Emirates NBD International Transfers

Emirates NBD is one of the best banks for International transfers. Users can easily send and receive payments without any hassle using mobile or online banking. Most of the transactions are completed on the same day. Here‘s why you can count on NBD international transfers. 

  • Emirates NBD offers online international money transfers that would take just 2-3 days to reach the recipient. The online international transfers are free of charge via online banking and mobile banking and can be made in 60 seconds
  • Free Foreign exchange services are provided by the bank to its customers. For example, account-to-account transfer, inward telegraphic transfer, and direct remittance.
  • The Emirates NBD international transfer is transparent, safe and secure. 

About Emirates NBD

Emirates NBD was started on 19th June 1963 when the Charter of Incorporation of the National Bank of Dubai (NBD) was signed by the H.H. Late Sheikh Rashid bin Saeed Al Maktoum. In 2007, NBD merged with Emirates Bank International (EBI) to become the largest bank in the MENAT region by assets. Thus, NBD came to be known as Emirates NBD. 

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Documents Required 

Below are the documents required by customers to make the transfer:

  • The individual needs to have sufficient funds in the bank account and provide his/her account details 
  • Provide routing codes. The code is used to transfer funds in certain countries. Mostly, it acts as an alternative code to SWIFT codes. For example, IFSC in India and FEDWIRE in the US.
  • The beneficiary account details have to be provided to transfer the funds
  • To transfer money to a new beneficiary, the waiting period of 24 hours is applicable 

Additional Documents for transfers made by visiting a branch 

  • Emirates ID for residents 
  • Copy of Passport for non-residents 
  • Dated and signed account payee cheque. 
  • Filled in an application for telegraphic transfer

Also Read–  Read our blog on HDFC International Money Transfer and learn about the transfers, benefits and more.

International Transfer Processing Time 

The Emirates NBD International transfer processing time is very quick. It processes all the transactions on an immediate basis. The transactions made on non-working days are processed the next day. Check more details below:

  • Requests that are made before 2 pm between Monday to Saturday will be processed immediately. However, for this, the customer needs to provide adequate details and sufficient funds need to be there in his/her bank account
  • International transfers that are not made on working days will be processed on the next working day
  • All requests that are made to the bank before 3:00 will be processed on the same day

Processing Fees and Charges 

The processing fees and charges for online and offline Emirates NBD International transfers vary. Online and mobile banking transactions are free of cost. However, there might be additional charges for users who prefer offline transactions made through the Emirates NBD branch. Check all the major details below:

  • Online Emirates NBD International Money Transfer– The International transfers that are made online or through mobile banking are completely free of charge
  • International Transfers made by visiting the bank- Charges will be based on the banking package for customers who prefer offline International transfers. Additional charges are applicable on the basis of the bank that is involved.  
  • The banking packages available to the customers are listed below
Banking Packages 
Priority  banking package 
Personal banking and youth package
Private banking package 
Business banking package

Application Process 

Emirates NBD International transfer can be made through mobile banking, online banking, or by visiting the nearest bank. To apply for international transfers, a customer can follow the steps below:

Mobile Banking Application Process 

  • Download the Emirates NBD application and log in to your account
  • On the top left of the application, there is a ‘hamburger menu’. Click on it then click on transfers
  • Next, choose ‘International transfers’ and follow the instructions provided to continue

Online Banking Application Process 

  • To make online banking Emirates NBD International transfer log in to online banking 
  • Choose transfer under the section pay and transfer 
  • Select international transfer and follow the instructions to complete the transfer

Visiting a branch 

  • Visit the branch before 2 pm on a working day and bring the necessary documents 
  • The International transfer will be processed on the same day 
  • Charges will be applicable on the basis of the banking package 

FAQs

How much does Emirates NBD charge for international transfers?

The Emirates NBD online International transfers are free of charge.

How to transfer money from Emirates NBD to India?

Online transfers to India can be made by logging into your account, selecting the transfer option and then clicking on International transfers. The next step is to follow the on-screen instructions.

How much money can be transferred from UAE to India?

Those who hold NRE or NRO accounts have no limit to the transfer amount. No maximum limit is set for India to UAE or visa versa for such account holders.

How long does Emirates NBD take to receive international transfer?

Emirates NBD international transfers take 2-3 working days to be processed. The customer needs to provide adequate details and sufficient funds need to be there in his/her bank account. In such cases, transactions are also made the same day.

Which bank is best for international transfers in UAE?

Emirates NBD is one of the best banks in UAE for international transfers.

Emirates NBD International transfer can be made through online banking, mobile banking, or by visiting a branch. Online international transfers are free of charge and can be made in 60 seconds. International transfers that are made by visiting a branch are levied. The  Emirates NBD international transfer fee would depend upon the banking package selected by the customer.

To know more about the loan application process, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience. 

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