TASK 11: How to transfer funds to 3rd party outside UAE

HBZweb customer can remit funds to the third party account outside UAE with following easy steps.

STEP 1: Login to HBZweb

Browse to the HBZweb login page by typing URL: “https://online.habibbank.com/hPLUS” in the address bar or by clicking the “Login” button (appearing on the top-right corner, if you are on the HBZ UAE webpage).

Refer to task: How to Login to HBZweb for step-by-step detail on the login process.

STEP 2: Select the appropriate account from the Account Summary screen

Select an appropriate account.

1. Click the account from which the funds need to be transferred (i.e. account to be Debited).

STEP 3: Select the required option from the option list

Select required option.

1. Select option titled “Fund Transfer (to Third Party)” through the list of options.

STEP 4: Access mobile to HBZotp code

Access to the message inbox under your registered mobile phone for HBZotp Code.

1. Open the inbox messages on your registered mobile phone.
2. Locate/Retrieve the HBZotp message.

STEP 5: Enter Online Transaction Password (OTP)

Enter HBZotp as detailed below:

1. Enter OTP Code - Enter 6-digit OTP code, received on your registered mobile number.
2. Submit HBZotp - Click the “Confirm” button to proceed further.
3. Resend HBZotp (optional) - Click the “Resend Code” button in order to receive other code on your registered mobile number. NOTE: HBZotp is valid for only 10 minutes.

STEP 6: Select the transaction option

Select required transaction option to perform as follows:

1. Select “Fund Transfer to Local HBZ Account” using a drop-down or a retrieve a saved template used for the similar transaction previously.
2. Click the “Process” button, to enter transaction details on the next screen.

Optionally, you can;

• View & search for the previously saved template, by clicking the “Show Template Search” button and proceed with the advance search options to locate the appropriate template.
• Set a template display order, by clicking the “Set Alphabetical Ordering” button to rearrange the template listing in an sequential order for your convenience.

STEP 7: Enter transaction details

NOTE: In case of retrieving saved template, most of the information is auto-populated in the fields.

1. Enter template name - This field appears in case if you want to store this transaction as a template, in order to use it in future to perform similar transactions. Note that the saving option is not available if you are already executing a transaction using a previously saved template. Any unique / first-time transaction is automatically saved as a template to be used in future.
2. View charges - This field displays the charge amount in AED (if any), which is not editable.
3. Select beneficiary’s country - Select country where the beneficiary’s account exists. Use drop-down option list to select required country.
4. Enter beneficiary’s IBAN or Account number - Type in the IBAN (International Bank Identification Number) or Account number of the beneficiary in full (i.e. Account to be Credited).
5. Enter beneficiary’s name/account title - Type in the name or account title of the beneficiary.
6. Enter beneficiary’s address - Type in the complete address of the beneficiary.
7. Enter SWIFT Code of beneficiary’s bank - Type in the SWIFT Code related to beneficiary’s bank to route the payment/remittance accurately.
8. Enter any other identification code of beneficiary’s bank - Type in any alternate bank identification code such as Fedwire, Chips, etc. related to beneficiary’s bank to route the payment.
9. Enter beneficiary’s bank name & address - Type in beneficiary’s bank name, branch and address details.
10. Enter SWIFT Code of intermediary bank - Type in the SWIFT Code related to intermediary bank to be used to route payment to the beneficiary’s bank.
11. Enter any other identification code of intermediary bank - Type in any alternate bank identification code such as Fedwire, Chips, etc. for intermediary bank to route the payment to beneficiary’s bank.
12. Enter intermediary bank’s name & address - Type in intermediary bank’s name, branch and address details.
13. Select currency of remittance - Select required currency for the remittance, using drop-down option list. (of currency)
14. Enter the amount to be transferred - Type in the amount to be transferred/remitted (in currency selected) to the beneficiary.
15. Re-enter the amount to be transferred - Type in the amount again, to be transferred, for confirmation purposes.
16. Select the transaction type - Select the appropriate transaction type, using the drop-down option list with predefined transaction types.
17. Enter purpose of payment - Type in the reason or purpose of the foreign remittance. This is crucial for compliance purposes.
18. Specify if remittance is related to employee benefit - Tick mark the checkbox if the remittance is related to employee’s benefit such as Salary, Bonus, Allowance, Incentive, etc.
19. Select payer for other bank charges - Select the party (sender or beneficiary), who will bear other bank’s charges. Use a drop-down option list to make appropriate selection.
20. Execute transaction - Click “Save” button to submit the transaction for processing.

NOTE: Upon successful submission of the transaction, message “Your transaction has been completed successfully” will be prompted on the screen