Make The Transfer

Fintiba GmbH | Wilhelm-Leuschner-Str. 29 | DE-60329 Frankfurt a. M.
Mr. Fintiba GmbH

Albattani Wilhelm-Leuschner-Straße 29
Muhammad Ali Hassan Ali 60329 Frankfurt am Main
Germany
Frankfurt am Main, 03.02.2023
Need help? Visit help.fintiba.com
Transfer and Account Information
Dear Muhammad Ali Hassan Ali
Your account has been successfully opened! Please transfer the required amount to the following account details:
__________________________________________________________________________________________________________________
Account beneficiary / holder Muhammad Ali Hassan Ali

Albattani
IBAN DE57202308000507701941
BIC / SWIFT / bankcode MHSBDEHBXXX
Amount to transfer 1) € 11397.00
Currency EUR
__________________________________________________________________________________________________________________
Please make the deposit in one transfer and do not send more than the required sum for your visa to your blocked account.2) + 3)
Your visa documents will be issued as soon as we can confirm the receipt of the full transfer amount on your
blocked account. You can then download all required documents from your Fintiba account.
Transfer Options
1) Fintiba Transfer
With Fintiba Transfer we can offer you a fast local currency transfer without expensive exchange rates or
additional transfer fees. Find out more in your Fintiba app under Fintiba Transfer.
2) Regular International Bank Transfer
Send your money via a regular international bank transfer. However, this is often more expensive and takes
more time.
Important Information
1) The “Amount to transfer” (total amount + initial fee + EUR 100,00) contains a buffer deposit of EUR 100,00. This is a measure to issue your
blocking confirmation quickly and avoid inconveniences from potential deductions of fees for international money transfers by intermediary
banks. A detailed calculation of the "Amount to Transfer" is provided on the next page for your convenience. The buffer is NOT a Fintiba fee - you
will receive the (remaining) amount from the buffer deposit with your first payout!
2) Please only deposit the amount that you need as requested from the relevant authority. Do not send more than the maximum deposit amount of
€ 13000.00 For amounts exceeding this limit, additional documentation about the source of funds in German or English is required to
EUR ____________.
process the transaction. If so, a blocking confirmation can only be issued after clarification and Sutor Bank reserves the right to return the
exceeding amount (additional charges may apply).
3) If you deposit your blocked amount in more than 3 transfers, we may need additional documentation about the source of funds in German or
English. In such a case, similar measures as in 2) apply, and Sutor Bank reserves the right to return the amount.
1
Detailed Calculation
Duration of blocked account 12

Monthly blocked amount x € 934.00
Total blocked amount = € 11208.00
Initial fee + € 89.00
Buffer deposit + € 100.00
Additional basic sum + € 0.00
Amount to transfer = € 11397.00
€ 89.00 - will be charged prior to the first payout. The monthly account
Please note that the initial fee of - __________
€ 4.90 - will be deducted from your account on a monthly basis.
administration fee of - __________
Useful information regarding your money transfer
• International transfer fees

Please note that additional transfer fees are sometimes charged by intermediary banks for international
cross-border payments. In comparison, there are no transfer fees when using Fintiba Transfer.
• Where is the account number provided?

Your account number is the last 9 digits of your IBAN number.
• How long does it take to get the blocking confirmation?

Depending on the type of transfer you choose to make in order to send the money to your blocked account it
may take from 2 working days, up to 2 weeks for your payment to reach your account. Your blocking
confirmation will be issued automatically, once the required blocked amount arrives in your account. Please
note we can’t speed up your transfer and are not able to give you information on the status of your payment
before it reaches your blocked account.
• Special note for Chinese customers

In case your Chinese bank asks you to provide a German beneficiary address and you do not have one, you
can provide your German University's or Language School's address. For the required reference text, you can
state “living expenses”.
In special cases, the following transaction details might be required to make the transfer to your blocked account:
__________________________________________________________________________________________________________________
“Beneficiary’s name and address” This is your name and your address in your home country.
„Beneficiary's bank name ... Max Heinr. Sutor oHG
... and address" Hermannstrasse 46, 20095 Hamburg, GERMANY
__________________________________________________________________________________________________________________

Make The Transfer

Uploaded by

Copyright:

Available Formats

Make The Transfer

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Make The Transfer

Uploaded by

Copyright:

Available Formats

Fintiba GmbH | Wilhelm-Leuschner-Str. 29 | DE-60329 Frankfurt a. M.

Mr. Fintiba GmbH

Frankfurt am Main, 03.02.2023

Need help? Visit help.fintiba.com

Transfer and Account Information

Dear Muhammad Ali Hassan Ali

Account beneficiary / holder Muhammad Ali Hassan Ali

Duration of blocked account 12

Amount to transfer = € 11397.00

Useful information regarding your money transfer

• International transfer fees

• Where is the account number provided?

• How long does it take to get the blocking confirmation?

• Special note for Chinese customers

You might also like