Remittance Charges

REMITTANCE

Draft/ Issuance               NRS

0.10% minimum Rs. 200

                                       IRS

0.20% minimum Rs. 200

                                       FCY

0.50% minimum Rs. 500

Telex/Swift-Outwards

IRS Transfer

0.20% minimum Rs. 500 Plus

Rs. 270 swift/telex charge per telex

FCY Transfer

0.50% minimum Rs. 500 Plus

Rs. 375 swift/telex charge per telex

Cancellation of Remittance DD/MC

Rs. 250 plus communication cost

Telex/Swift Cost for India

Rs. 90/min, minimum for 3 min Rs. 270

Telex/Swift Cost to elsewhere

Rs. 125/min, minimum for Rs.375

Telex/Swift/Mail/Inwards

Customer

Free

Non-customer/ Tourist

0.25% minimum Rs.500

Transfer to another bank

0.25% minimum Rs.500

Follow up telex/ SWIFT on remittance at customers request

Rs. 500

Refund of inward Payment & Nostro Cover

USD 20 or equivalent

Local Inter-bank Transfers (At the request of one bank to another bank)

If the beneficiary is a Bank

Free

For third party beneficiary

0.25%,minimum Rs.750

If the beneficiary is third Bank

Rs. 500

Travellers Cheque Issuance

1.5% or minimum Rs. 200

Travellers Cheque Encashment

2% or minimum Rs. 500

Cheque/Drafts/TCs Purchase (Subject to arrangement)

Traveller's Cheque

0.50%, minimum Rs. 500

Traveller's Cheque

0.50%, minimum Rs. 500

Local clearing Cheque Purchase

0.15%, minimum Rs. 250

Local outstation Cheque Purchase

0.75%, minimum Rs. 500

Purchased cheque return

Interest @ 15 for actual days, minimum Rs. 500

Cheque Collection

Outward

0.25%, minimum Rs. 500

Collection Cheque return

Rs. 500

Inward

0.25%, minimum Rs. 500 plus SWIFT/courier cost

Manager Cheque (MC) issuance

Account holder

Rs. 250

Non Account holder

Rs. 500