Money Transfers
If you want to send money to your family and friends' bank accounts within or outside of UAE, we help you send it quickly and securely from the comfort of your home or office or through Mashreq branches spread across the UAE. We process your fund transfer request on same day if it is submitted within the appropriate currency cut-off time. Funds transferred are credited to beneficiary account, through our correspondent banks around the world.
Special Offers
Free* Money Transfers via MashreqOnline or Mobile Banking
Our online money transfer facility is fast, safe and trusted service... that saves you time and money Learn More>
Free* and Faster Money Transfers to India
Transfer money same day or next working day to 62,000 branches of 94 banks in India Learn More>
Transfer Money
You can transfer money easily to third parties using either the traditional mode of funds transfer i.e. Cheques / Demand Drafts or electronically by availing telegraphic/ wire transfer facility. To avail telegraphic/ wire transfer facility visit any Mashreq branch in the UAE or sign on to Online/ Mobile banking. To ensure the safety and security of your fund when making third party transfers online you will need to use a Third Party Transfer Challenge Code. You can Apply for Third Party Challenge Code on MashreqOnline and receive it by courier within 48 hours.
You will require a SWIFT code for any fund transfers made to your account from a 3rd party account with another bank. The Mashreq swift code is "BOMLAEAD".
Transfer Challenge Code
Apply for Third Party Challenge Code on MashreqOnline and receive it by courier within 48 hours. You can now apply for your Transfer Challenge Code (TCC) from the comfort of your home just by signing into MashreqOnline. This transfer challenge code can be used to carry out all your third party transfers inside and outside UAE.
How do I get the Transfer Challenge Code (TCC)
- Sign On to MashreqOnline
- Click on 'Account Servicing' on the main menu
- Click on 'Apply for Transfer Challenge Code' on the left hand menu
- Complete the required details and submit
- You will receive your TCC within 48 hours
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