NORMAL TRANSFER
“Normal transfer” is a service provided by SCB to make domestic remittance to counterparties, relatives, etc.
Benefits
Beneficiaries may or may not have account at SCB or at other banks.
Transfer funded by depositing cash or debiting account.
No limit to amount to be transferred.
Prompt processing.
Simple and easy procedure.
Transfer may be amended or canceled.
Features
No limit to amount to be transferred.
Transfer funded by:
+ Debiting account.
+ Depositing cash.
Follow regulations on foreign exchange control (if remitted money is in foreign currency).
Service fee: As per SCB’s applicable fee schedule (see here).
Documents
Payment order
Cash deposit slip cum remittance order
