This service allows you to immediately transfer funds cash from your account to someone who does not have a bank account through an SMS message.
· First service of this type in Syria
· You can transfer money to anyone who has a mobile phone
· Guaranteed, secure, confidential and immediate delivery to the beneficiary .
v Who uses this service?
The ordain party is ArabBank-Syria customer and the applicant of the P2P service. The beneficiary is the recipient of the payment order to this mobile.
v How much money can I transfer and how often?
The minimum is 1000 SYP and the maximum 25,000 SYP per transactions, and the daily accurate amount is 50,000 while maximum number of daily transaction is 5.
How do I use this service?
You must send an SMS message in the form: Pay#RecepientMobileNumber#Amount to the number 1720, where RecepientMobileNumber is the number of the recipient, and Amount is the amount of money you want to transfer. Example: Pay#0933123456#5000 will send SYP 5000 to the person whose mobile phone number is 0933123456. After sending the message, the automated system will ask you to confirm the command by entering your password for this service. After that, the transfer will be completed and the recipient will receive a short SMS (containing a numeric password) asking him/her to visit any Arab Bank branch to receive the transferred money in cash. He/She must provide the numeric password (from the SMS) to the cashier as an authentication in order to receive the money.
You have two trial attempts to enter the password. Correctly, otherwise the service will be stopped. If so, you must reactivate it by visiting an Arab Bank- Syria branch.
· This service is free to all Arab Bank- Syria clients
· Each transfer incurs a SYP 50 fee (deducted from transferred amount)