Tenders
search
   Citizens Charter
  
Foreign Exchange Transaction & NRI

The Bank operates foreign exchange business through its authorised branches. It has 4 (four) "A" category authorised branches maintaining 37 (thirty seven) Nostro Accounts with foreign Banks in 16 (sixteen) currencies across the world. Besides, it has 48 (forty eight) "B" category authorised branches spreading allover the country undertaking forex business independently. Various forex services available to the customers are listed below:

i) Export business

  1. Pre-shipment finance
     
  2. Post-shipment finance
     
  3. Export bills on collection basis

ii) Import business

  1. Import finance/ opening of letter of credit
     
  2. Issuance of guarantee/ bond
      
  3. Import bills on collection basis

iii) Inward and outward remittances

iv) Issuance and encashment of foreign travelers' cheques

v) Sale and Purchase of foreign currency notes

vi) Various deposit schemes to NRIs

  1. In foreign currency viz. FCNR (B)
     
  2. In equivalent Rupee viz. NRE, NRNR

vii) Precious metals viz. Gold/ Silver import and sale

viii) Gold deposit scheme

ix) Forward contract facilities

x) Consultancy services

  

   
About Us : Policies & Guidelines : Network : Press Corner
Products : Other Services : Interest Rates : International Banking : Investor Relations
Tenders : Internet Banking : Bancassurance : Contact Us : Feedback : Disclaimer
Sitemap : Home : Whats New : Frequently Asked Questions