Western Union Money Transfer

Western Union Money Transfer

The Arab Islamic Bank provides a quick transfer service in collaboration with Western Union, the best global money transfer, through its branches in several governorates throughout the country. You can send and receive money transfers in just a few minutes. Western Union Money Transfer is distinguished by the ease of sending and receiving money, as it is possible to benefit from the network of transfer points, which reaches over 525,000 transfer points dispersed over more than 200 countries and regions worldwide, including Arab Islamic Bank branches and offices.

Western Union Money Transfer Terms

  • Both the sender and the receiver must be sane adults
  • Personal ID card or Passport
  • Name of sender according to official documents

 The Method of Sending and Receiving Money

  • Mechanism for Sending Money (the Sender)
    • The sender can go to any Arab Islamic Bank branch and provide the employee with the amount to be transferred so that the employee can calculate the commission using the existing system
    • The sender shall provide the AIB employee with the receiver’s name and address; the employee gives the sender a secret number known as the MTCN; and the sending process is complete.
  • Mechanism for Receiving Money (the Receiver)
    • The recipient receives the money transfer control number (MTCN) from the sender via phone, email, or any other means of communication.
    • The recipient visits any Arab Islamic Bank branch
    • The recipient gives the employee the MTCN number of the transfer and a document proving his identity, such as a personal identification card or passport.
    • The employee then withdraws the money and gives it to the recipient, who signs his receipt of the transfer

Western Union Money Transfer Benefits

  • Transfer and receive money anywhere within minutes
  • Offer a trusted method that can be used under all circumstances
  • As long as the recipient has not yet received the money transfer, the sender can restore it.
  • The sender can change the name and information of the transfer recipient, as long as the recipient has not yet received the transfer

Commissions

  • Commissions follow the Western Union system. The commission varies depending on the amount sent and the transfer destination. The sender is notified of the commission required for the transfer before the transfer is made
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