The Financial Institutions Division is mainly responsible for the cross border exposure by establishing, monitoring and managing global network of bank lines and country limits through a number of correspondent relationships ensuring that sufficient limits and relationships have been established in favor of Bank AlJazira to ensure smooth and timely execution of customers' transactions globally. Their customers include Banks, Financial Institutions, Government & Semi-government Entities, Investment and Brokerage Firms, Insurance Companies and Export Credit Insurance Corporations. The main functions of the Financial Institutions are summarized as follows:
Vostro Account Services (Remittances, Hajj Drafts, Account maintenance, payments)