IBURAQ Instant Payment System - Safa Bank
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IBURAQ Instant Payment System

Through the IBURAQ instant payment system, supervised and managed by the Palestine Monetary Authority, you can now make local transfers instantly and without fees using Safa Online/Safa Mobile. This service allows transfers between Safa Bank clients and clients of other banks or e-wallet holders across all governorates in Palestine.

The instant payment service enables electronic money transfers instantly and for free using the IBAN or e-wallet account number, with speed and security, and without any hassle.

  • The service is available through Safa Online/Safa Mobile platforms.
  • Available 24/7, every day of the week.
  • Payments can be sent and received instantly and free of charge.
  • You can send payments to individuals with accounts in other banks or in e-wallets.
  • There is no need to add beneficiaries to send payments; simply use the IBAN for bank accounts or the wallet number for e-wallets or through QR Code, and send directly and easily.
  • You can send and receive payments with Safa Bank clients through the IBURAQ service on Safa Online/Safa Mobile.
  • You can pay from any of your bank accounts, whether current or savings.
  • There are no limits on receiving payment transactions.

Transaction limits by currency for transfers:

The Per Transaction Limit 

Daily Limit

Monthly Limit

10,000 or its equivalent in other currencies

30,000 or its equivalent in other currencies

50,000 or its equivalent in other currencies

 
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With the mobile application, you can easily manage your accounts.

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