Transfer of Funds to Personal Bank Accounts

Individuals wishing to transfer funds to bank accounts overseas are also able to use the telegraphic transfer service.

How it works;

•  Customer fills a requisition of telegraphic transfer form (see form)

Details required :

Applicants Name, Address, Phone contact

Beneficiarys name, bank and branch address, account number

•  Lotus provides exchange rate and confirms deal

•  Customer pays and the TT is sent

•  Copy of receipt is provided to customer in confirmation

Modes of Payment Accepted

•  Cash Payment at branch

•  Bank Cheque Payable to Lotus Foreign Exchange Ltd

•  EFTPOS

•  Direct credit to the bank account of Lotus