When sending money abroad, we have to ask the reason of your transfer. You may select an option that best describes the purpose for your transfer from the provided list.
Click on any of the options below to read more.
Donations or gifts
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Voluntary contributions or presents given without the expectation of receiving something in return.
Education
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Expenses related to acquiring knowledge, skills, or training through formal or informal means.
Family Maintenance
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Financial support provided to sustain the needs of one's family members.
Household Maintenance
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Costs associated with the upkeep and operation of a household, including repairs and utilities or transfers to own bank accounts.
Investment
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Allocation of funds into assets or ventures with the expectation of generating income or profit over time.
Loan (long-term)
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Borrowed money typically repaid over an extended period, often used for large purchases like a house or car.
Loan (short-term)
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Borrowed funds intended to be repaid quickly, often used for immediate financial needs or small-scale expenses.
Medical expenses
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Costs incurred for healthcare services, treatments, medications, or medical supplies.
Payment of bills
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Settlement of invoices or obligations for services rendered, such as utilities, rent, or subscriptions.
Payment of goods and services
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Compensation for products purchased or services rendered, typically in exchange for goods or labor.
Purchase of property
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Acquisition of real estate or land for personal or investment purposes.
Salary
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Compensation received periodically from employment, usually in exchange for work performed.
