Speed for money transfer is a service provided by CAC Bank for costumers to send and receive their money locally and externally through a modern, secured and automated system. Customer can execute transfers within short moments from our send/receive points of service (branches – offices – subagents) distributed around Yemen and abroad in the Gulf countries, Jordan, Djibouti and will cover the entire world in the near future through various financial transfer companies.

Service Features:

• Competitive and very low commission rates.
• Fast and easy to send/receive transfers from any point of service (branch - office - agent) spread throughout Yemen.
• A wide network of branches, offices and subagents covering the whole country.
• A wide network of banks and exchange companies abroad covering the Gulf countries, Jordan, Djibouti and the entire world.
• Sending an SMS message notifying the customer with the sequence number of transfer.
• Long working hours to facilitate service from 8 am - 7 pm; the agents' continue opened till 9 pm.
• The possibility to send transfers collectively in a batch at the same time, and send SMS messages to all beneficiaries with the sequence numbers of transfers.
• The possibility to credit the incoming transfers to customer’s accounts with the bank.

Terms and Documents required to Send/Receive a Transfer:

To send a Transfer:

• Visiting the nearest branch or office of CAC Bank, or one of the subagents contracted with the bank.
• Filling & signing in and the application form to transfer money and providing the personal valid ID card.
• Pay the exact amount to be sent along with fees to the transfer’s officer in the branch, office or subagent.
• Signing the send note of sending the transfer.
• The sender age must be bigger than 18 years old.

To receive a Transfer:

• Visiting the nearest branch or office of CAC Bank, or one of the subagents contracted with the bank.
• Filling in the application form to receive the transfer and mentioning transfer number, beneficiary’s name, the country of transfer, the amount transferred and sender’s name.
• Signing in the application form and providing a valid original personal ID.
• Signing in the receipt note of transfer and recounting money before departure.
• The receiver age must be bigger than 18 years old.