Smart Fund Transfer Form (Local and Cross Border Fund Transfer)

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Smart Fund Transfer Frm (Lcal and Crss Brder Fund Transfer) 1. Befre using the Smart Fund Transfer Frm 1.1. Dwnlad the Smart Fund Transfer Frm frm the dwnlad centre in ur website www.cbd.ae. Fr better accessibility, use Internet Explrer. 1.2. Ensure that yu have Adbe Acrbat Reader versin 10.0 r abve. T btain the mst recent versin, please visit www.adbe.cm. 1.3. Yu may dwnlad and save the frm and then cmplete the fields t avid any errrs. 1.4. Ensure that yu have read and understd the Terms and Cnditins befre yu cmplete, sign and submit the Smart Fund Transfer Frm. Terms and Cnditins are available n ur website www.cbd.ae. 1.5. The smart frm can be used by individuals r cmpanies fr lcal and internatinal remittances nly. 2. Filling in the Smart Fund Transfer Frm 2.1. Type and cmplete all fields in English (Arabic is nt allwed) t ensure yur details are prperly captured in the aut generated QR Cdes upn printing (except fr the signature in the Signature Bx, which shuld be affixed in ink). 2.2. Chse the payment type (i.e. Lcal Fund Transfer r Crss Brder Fund Transfer) under the field Payment Type. All mandatry fields will be highlighted autmatically. 2.3. Specify the payment date in the field Value Date. The payment will be prcessed n that specified date if it is received befre the payment prcessing cut ff time. Requests lder than 10 days are nt prcessed by the bank. 2.4. Amunt is aut generated in wrds after the numeric value is inputted. 2.5. Please nte that fr payments in freign currency, there are additinal requirements depending n the payment currency and/r the cuntry f transfer alng with the UAE Central bank mandated capturing f purpse f payment cde fr all payments. 2.6. Find Charges explanatins fr lcal and crss brder 2.6.1. OUR: Remitter t pay all the charges 2.6.2. BEN: Beneficiary t pay all the charges 2.6.3. SHA: Remitter t pay CBD Charges and beneficiary t pay ther Bank charges 3. Signing and submitting the Smart Fund Transfer Frm 3.1. Sign the printed Smart Fund Transfer frm (with the aut-generated QR Cde) with a black r blue ball-pint pen (and apply the cmpany r business rubber stamp where required). Please d nt stamp n r near the QR Cde t avid rejectin f yur payment. 3.2. Keep the QR Cde areas n the Smart Fund Transfer Frm as printed. D nt alter, stamp, smudge r distrt the QR Cde. 3.3. D nt write n r make any amendment(s) t the printed Smart Fund Transfer Frm. Withut prejudice t any prvisins in the Terms and Cnditins, written instructins and amendments n the printed Smart Fund Transfer Frm may nt be prcessed by the Bank. 3.4. Submit the cmpleted and signed frm in hard cpy t any CBD branch. Smart Fund Transfer Frm Guidance Versin 1.1 1

3.5. Withut prejudice t any prvisins in the Terms and Cnditins, the Bank reserves the right nt t prcess any applicatin fr payment/remittance with r withut ntice if this Smart Fund Transfer Frm is nt accurately and/r prperly cmpleted, including, withut limitatin, the additin f any special instructin by a Custmer that is nt prvided fr in the fields set ut in this Smart Fund Transfer Frm. Smart Fund Transfer Frm Guidance Versin 1.1 2

4. Step by Step Guide Fllw the step by step guide t cmplete the fund transfer details. Step 1 Step 6 Step 2 Step 3 Step 4 Step 5 Step 6 Step 6 Smart Fund Transfer Frm Guidance Versin 1.1 3

Step 1: Payment Type Select the applicable payment type: Lcal Fund Transfer Crss Brder Fund Transfer The Date is currently defaulted t the current calendar date. The date frmat is MM/DD/YYYY. Step 2: Beneficiary Details Enter the Beneficiary Details: Beneficiary Type: Select Individual if yu are making the payment t an individual r select Nn Individual if yu are making the payment t a cmpany. Remitter Type: Select Individual if yu are an individual accunt hlder at CBD r select Nn-Individual if yu are a cmpany accunt hlder at CBD. Value Date: Select the date t make the payment. Back dated payments are nt allwed. Beneficiary Name: Enter the beneficiary name Beneficiary Address: Enter the beneficiary address City: enter the beneficiary city. Cuntry: Enter the beneficiary cuntry. Fr Lcal fund transfers, the value if defaulted t United Arab Emirates. Smart Fund Transfer Frm Guidance Versin 1.1 4

Enter the Beneficiary Bank Details: Bank Name: Enter the beneficiary s bank name. Bank name field nly accepts 35 characters. Enter the bank name up t 35 characters. The Bank will pick up the full bank name autmatically while prcessing the transfer. Accunt Number/ IBAN: Enter the beneficiary s accunt number r IBAN withut any spaces r special characters in the accunt number field (D nt use /, -, & etc.). Use f IBAN is mandatry fr Lcal Fund Transfers. Bank Cde Type: Select the lcal clearing cde r SWIFT BIC f yur beneficiary bank. Fr e.g. BSB cdes are sued fr payments t Australia, IFSC is used fr payments t India. Bank Cde: Enter the bank cde f the beneficiary bank. Fr e.g. HSBC UK, select SWIFT BIC as bank cde type and enter MIDLGB22. City: Enter the beneficiary bank city. Cuntry: Enter the beneficiary bank cuntry. Step 3: Receiver s Crrespndent Bank details (Optinal) Enter the receiver s crrespndent bank details if yu have them (this is an ptinal field): Bank name: Enter the Crrespndent bank name. SWIFT BIC: Enter the SWIFT BIC f the crrespndent bank. Step 4: Payment Details Enter the payment details: Purpse f Payment: Enter the purpse f payment. The minimum field value shuld be 10 alphanumeric characters withut special characters. It is mandatry t capture purpse f payment fr all payments. Transactin Cde: Select the apprpriate Transactin Cde frm the list f cdes prvided. As mandated by UAE Central bank, it is mandatry t prvide the Transactin Smart Fund Transfer Frm Guidance Versin 1.1 5

Cde fr all lcal and crss brder fund transfers fr all currencies. The Transactin Cde depends n whether yu are an individual r a nn-individual custmer as well as the beneficiary type. Charge Type: Select the charge type frm the ptins available, OUR Remitter t pay all charges BEN Beneficiary t pay all charges SHA Remitter t pay lcal CBD charges and beneficiary t pay ther bank charges. Transfer Currency: Select the transfer currency Amunt in Figures: Enter the amunt f transfer currency r debit accunt currency. Amunt in wrds: Amunt in wrds will be aut ppulated n the frm based n the amunt entered in figures. FX Sales Persn: This is an ptinal field. Enter the name f FX Dealer. FX Rate: This is an ptinal field. Enter the freign exchange rate if applicable. Custmer Reference Number This is an ptinal field. Enter a reference number if applicable r prvide any special instructins. Step 5: Remitter Details Enter the remitter details: Full Name: Enter yur full name as per bank recrds. Please avid spaces and d nt use special characters in this field. Debit Accunt Number: Enter yur 10 digit accunt number withut any spaces. D nt enter the IBAN in this field. Charge Accunt Number: Enter the 10 digit accunt number yu wish t pst the charges t withut any spaces and special characters. D nt enter the IBAN in this field. This field is autmatically defaulted t yur 10 digit debit accunt number yu entered. Mbile Number: Enter the mbile number, t be cntacted in case f any discrepancy n the frm. Terms and Cnditins: Accept the terms and cnditins by clicking n the check bx. Yu can read the terms and cnditins available n ur website www.cbd.ae. Smart Fund Transfer Frm Guidance Versin 1.1 6

Step 6: Validate and Print Validate, Generate QR cde and Print yur frm: Validate and Print: Click the Validate and Print buttn upn cmpletin f all required fields t generate the QR Cde with yur payment details and print yur Smart fund transfer Frm with a QR Cde. Smart Frm is prcessed as a manual payment instructin if QR Cde is nt generated and hence takes mre time in prcessing. QR Cde sample: Please d nt stamp n the QR Cde. Signature Bx: Type yur name and affix yur signature in the bx with a pen. This is a nn-editable field and requires riginal signatures with a pen as per mandate prvided t the Bank. D nt use signature stamp n the frm t avid rejectin. Imprtant Guidelines fr Smart Fund Transfer Frm: Always click n validate and Print buttn upn cmpletin f frm. Always generate the QR Cde n the frm. Never print the Smart Frm withut a QR Cde. D nt stamp n r near the QR Cde. If yu change any details n the frm, again click n Validate and print t update the QR Cde and print the frm again. Signatures shuld be affixed n the frm after generatin f QR Cde. Cmplete all mandatry fields n the frm befre QR Cde generatin and submissin t bank. Smart Fund Transfer Frm Guidance Versin 1.1 7