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Forex

Forex

We are pleased to announce that the RBI has granted AD Category II license to our bank to deal inforeign exchange.

To purchase foreign currency notes & travelers cheque from residents & non- residents visiting India

We release / remit foreign exchange for the following transactions

  • Remittance by tour operators/travel agents to overseas agents/ principals/hotels
  • Business travel
  • Fee for participation in global conferences and specialized training
  • Remittance for participation in international events/ competitions (towards training, sponsorship and prize money)
  • Film shooting
  • Medical treatment abroad
  • Disbursement of crew wages
  • Overseas Education
  • Remittance under educational tie up arrangements with universities abroad
  • Remittance towards fees for examinations held in India & abroad and additional score sheets forGRE, TOEFL etc
  • Employment and processing, assessment fees for overseas job applications
  • Emigration and emigration consultancy fees
  • Skills/ credential assessment fees for intending migrants
  • Visa fees
  • Processing fees for registration of documents as required by Portuguese/ other governments,registration / subscription/ membership fees for International organizations
  • Registration / subscription / membership fees to international organizations

This facility will be provided at all our branches and Registered / Corporate Office

* Conditions Apply