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Get 20 Paise Extra on Your Money Transfer to India

Alliance Credit Union’s AllianceCU Remittance Account

Using AllianceCU Remittance Account you can make instant transfers to anyAlliance Credit Union account and other Banks in Asia within 24 hours.

This Product is no longer available to apply.

Overview

Product details


 This account is especially designed to enable hassle-free fund transfer to Asia with other features like:

  • Zero-balance maintenance
  • Access to money transfer service 24/7, including weekends and bank holidays
  • Confirmed exchange rate 24/7
  • Service assurance on all remittances to Asia

Please note: Withdrawals and deposits can only be made via your linked current account.

Service assurance


We assure:

  • Instant transfer to anyAlliance Credit Union account in Asia
  • Upto 1 business day-transfer ­to any other bank account in Asia

If we fail to meet this assurance, we will pay you 5 pence for every €10 transferred by way of credit into your account. We will pay a minimum of €1 and maximum of €50.

Standing instructions for regular transfers


Give standing instructions for regular money transfers to Asia – and we will do the rest. You can instruct us to transfer money weekly, bi-monthly, monthly, every two months, quarterly or half-yearly. Log into your account, click on 'Fund Transfer to Asia' and go to the 'Manage Standing Instructions' tab.

Click here to see the applicable charges.

Rate block feature


Get more Rupees for your Pounds. Tell us the minimum rate at which you wish to remit money to Asia and we will ensure your money is sent only at that exchange rate or at a higher prevailing exchange rate. Log into your account, click on 'Fund Transfer to Asia' and choose 'Rate Block' tab. Block your preferred exchange rate in 90 days advance.

Money transfer charges


To any bank account in Asia €1
CHAPS transfer €20
Physical copy of statement €5
Physical copy of tax statement €5

Please note:

  1. Withdrawals may be made either as money transfers to Asia, or as payments into your linked current account.
  2. Your account can only be funded by electronic transfer from your linked current account.