Receiving a transfer or payment
Receive transfers and payments into your Emirates Islamic Account from local or international accounts.
Receive transfers and payments into your Emirates Islamic Account from local or international accounts.
If you’re expecting to receive an inward remittance or payment to your Account, you must give the sender this information to make sure the money arrives to your Account safely and without delay:
If you need to update your Personal Details, here’s how you can do it.
To receive your salary into your Emirates Islamic account, you must provide your employer with this information:
Do not forget to update your Employment Details with us so we can continue to serve you better.
MT103 is a standardized SWIFT payment message used specifically for cross border/international transfers and includes transfer details such as date, amount, currency, sender, and recipient.
You will need to submit an MT-103 form in case you need to identify the status of a processed international transfer you have been expecting. The sender will be able to request their bank to provide an MT103 for the transfer and share it with you.
The sender has the option to choose who pays the charges including Emirates Islamic transfer charges, correspondent, and beneficiary bank charges. The sender can opt to pay all charges, share the charges with the you (the receiver) or ask you to pay.
You’ll be liable to pay all charges if the sender selects the ‘BEN’ option when making the transfer. In this case, the amount will be deducted from the amount being remitted. If the sender selects ‘SHA’, charges will be shared by both the sender and receiver (you). If the sender selects ‘OUR’, you’ll receive the entire amount without any deductions as charges.
Check out our products for all your banking needs
