Funds Transfer
Orders may be prepared by bank cheque, company cheque or telex transfer. The shipment of goods will be released once the cheque has been cleared. On all telex transfers, please include the name of the company wiring funds and the customers code for identification. Funds should be deposited as follows:
HSBC Middle East Limited
Beneficiary Name: Almasa IT Distribution FZCO
PO Box 30166, Dubai, United Arab Emirates
Bank Name: HSBC Bank Middle East Limited
Bank Address: Dubai, United Arab Emirates
Account Number: 020-029625-100 (USD a/c)
020-029625-001 (AED a/c)
Swift Code: BBMEAEAD
National Bank of Fujairah
Beneficiary Name: Almasa IT Distribution FZCO
PO Box 30166, Dubai, United Arab Emirates
Bank Name: National Bank of Fujairah
Bank Address: Bur Dubai Branch, Dubai, United Arab Emirates
Account Number: 01 02 01 022040 (USD a/c)
01 02 00 022040 (AED a/c)
Swift Code: NBFUAEAFDXB
BNP Paribas
Beneficiary Name: Almasa IT Distribution FZCO
PO Box 30166, Dubai, United Arab Emirates
Bank Name: BNP Paribas
Bank Address: Dubai, United Arab Emirates
Account Number: 06685 056168 002 27 (USD a/c)
06685 056168 001 30 (AED a/c)
Swift Code: BNPAAEAD
Cleared Funds
The term “cleared funds” means cash or funds successfully transferred into Almasa IT Distributions account. Payment options:
- Cash: Funds cleared immediately
- EFTPOS: Funds cleared immediately
- Authorized Credit Card Payment: Funds cleared immediately
- Direct Debit: Funds cleared the following business day
- EFT/Internet Banking: Funds cleared the following business day
- Cheque: Funds cleared after three business days
- Bank Cheque: Funds cleared after three business days
Please Note :
1.)Goods for CBD customers can only be released on conditions 1-3 (inclusive)
2.)Customers with payment options 4-7 (inclusive) must wait for the clearing period or offer COD
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