How to Transfer Money to a Foreign Bank Account via Abu Sheikha Exchange

The world became accessible for everyone and transferring money to a foreign bank account has become more common than ever. Thankfully, we are no longer required to use the traditional ways of money transfer, such as checks and cash handover.

 The world is changing and other advanced methods are being introduced to the money transfer industry. This is what we are seeking to provide in Abu Sheikha Exchange branches: the fastest, easiest, and most convenient money transfer methods to get your money moving to another bank account abroad. 

We will take you through our direct deposit services and other money transfer solutions that you can enjoy in any of our 17 branches across Jordan.

What are Direct Deposits?

A direct deposit is an electronic payment method that you can use to transfer money directly into the recipient’s bank account without the need for paper checks or cash handing over. This service from Abu Sheikha Exchange speeds up the movement of funds so recipients don’t have to wait for so long to get their money.

Also, direct deposits allow the recipients to automatically transfer payments into their savings accounts. Let’s say these recipients receive funds regularly and want to direct them (or part of them) to their savings accounts, direct deposit services can safely do that to help them save up money.

How it Works

In order to send deposits directly into the recipient’s bank, they need to provide you with their bank name, account number, and routing number to be successful. Now you can visit the nearest Abu Sheikha Exchange branch and inform one of the employees about the collected info to make the bank direct deposit. 

The time needed for the funds to be transferred depends on many factors, including the amount sent, the banks used, etc. However, it is expected to be sent within one to two days.

Advantages of Sending Direct Deposits with Abu Sheikha Exchange

If you are searching for a trusted agent to send money to a foreign bank account through direct deposits, Abu Sheikha Exchange has 27 years of experience to seamlessly do that for you.

• Highly trained and helpful employees who aim at providing excellent and fast services to all clients

• We have 17 branches across the Hashemite Kingdom of Jordan that equally provide reliable services

• We have a wide experience in money transfer solutions that we draw on to provide services that meet your expectations

• Our direct deposit services are fast, secure, and easy to use by all clients

• We provide many money transfer solutions under one roof to make your life easier

• You can find the best exchange rates and value

Western Union Money Transfer Services by Abu Sheikha Exchange

If you or the recipient don’t have bank accounts but still want to send/receive money, you can use Western Union money transfer services from Abu Sheikha Exchange. Within minutes, you can send money anywhere. Visit our branch and provide the employee with the following: 

• Your national ID card

• The amount of cash

• The recipient’s full name

• Recipient’s country and address

Then, our employees will do the necessary to complete the transaction successfully and hand you the MTCN code. This code should be passed to the receipt to use when withdrawing the money.