Electronic Transfers

HDFC Bank: A large number of HDFC Bank account holders get the benefit of online credits within 24 hours from the time the amount is deposited. Isn’t that wonderful. Do you need to open an account today, please log on to their website www.hdfcbank.com for real banking experience.

Money Gram: Fund transfer facility exists to cover all destinations worldwide including Money Gram where funds are sent and received around the world within minutes.

Allied Banking Corporation (ABC) Philippines: Funds are transferred within 24 hours to all ABC customers anywhere in Philippines.

PT Bank Mandiri: Fund transfer facility exist for all locations in Indonesia through PT Bank Mandiri where account holders get on-line credit within 24 hours. Other bank account get their funds transferred within 2 to 3 working days.

Speed Money Transfers
Al Hijra Exchange in Sudan and Peoples Bank, Colombo also offer door to door service whether it be delivery of demand drafts or cash at the door steps or cash deposit in other banks.

Hagibis service: Under this service from Allied Bank (Philippines) transfers to different bank accounts is done speedily by depositing cash directly to beneficiary’s on-line account. And as may be required, cash is also delivered at the door steps directly to beneficiary within 24 hours in Metro Manila and within 48 to 72 hours outside Manila at a very nominal charge.

Union Bank of India: MEC has been established drafts drawing facility with Union Bank of India that covers all big cities and many urban areas nationwide and DDs are sent by courier at a very nominal charge of RO 1 with assured delivery to all major destinations within 3 working days.

The South Indian Bank Ltd: is a leading local bank for payment in Kerala by means of demand drafts and telex transfers. The service offered is one of the best for remittances to any destination in Kerala State.

Bank Of Alexandria for Egypt: DD drawing facility to all locations.

Bank Of Ceylon: DD drawing facility to all locations.

Remittances to Bangladesh by Demand Drafts (DD) and TT are amongst the best in Oman with drawing facility existing with three major banks namely, Arab Bangladesh Bank, Islami Bank Bangladesh Ltd and Janata Bank. Arrangements are in place to send these DD’s by courier at a very reasonable charge to all major destinations and big cities in Bangladesh.

Currency Exchange Business: This is gaining momentum as MEC offers best exchange rates on cash sale/purchases. Bulk orders are booked in wholesale and cash is delivered within 48 to 72 hours depending on the availability of cash.

Modern Exchange Company can be reached at the following telephone numbers.

Ruwi : Mohamed Nalmuddin, Gen. Manager Tel. 7732133 fax: 7731144
Musana : Vasanth Vudiyvar, Manager Tel. 869317 Fax 869316
Ghala : K.N.Pai, Manager Tel. 596714 Fax 596715

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