Wire Transfer Confirmation
Wire transfer confirmation is proof of payment transmission from sender's bank, required to verify fund transfer completion in property transactions.
| Confirmation Contents | Information |
| Reference number | Unique transaction identifier |
| Date and time | When transfer initiated |
| Sender details | Account name, number, bank |
| Recipient details | Beneficiary name, account, bank |
| Amount | Currency and value transferred |
| Purpose | Payment description or reference |
| Status | Completed, pending, failed |
| Transaction Process | Timeline |
| Domestic UAE transfer | Same day or instant |
| International SWIFT | 1 to 3 business days |
| Confirmation receipt | Email or SMS notification |
| Seller verification | Check funds received before transfer |
| DLD requirement | Proof of payment for title transfer |
| Record keeping | Maintain for audit, tax, compliance |
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