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Modes of Remittance of Funds from Abroad
  • Cable / TT Remittance
  • Draft / Mail Transfer drawn on a centre in India
  • Personal cheque drawn on a foreign centre
  • Foreign currency / Traveller's Cheque tendered by NRI During temporary visit to India
  • By DD through exchange companies from Gulf Countries
  • Money Gram
  • Xpress Money
  • Indremit ( For remittances from USA)
  • Speed Remit (From Singapore)

How to remit funds from abroad to an account in India
NRI Customers may remit funds in currencies such as US Dollars, GBP,  EURO or any other convertible currency to an account in India by means of Cable/TT remittance through their bankers.
  • When you want to remit funds to any Bank in India, your Banker will require some basic information of Name, Account Number of the beneficiary and the Name of the Branch/Bank to which the amount is to be credited etc.,
  • To ease your remittance, we furnish you the details of our Correpondent Bank Name, Address and our Bank Branch Address/SWIFT Code.
  • In the pull down menu shown below, select the type of Currency and the State in India (where the Branch you want to remit is situated) and press O.K button.
  • A small form with the above mentioned details will pop up. Print this form and fill up the other details as required.
  • Enclose this form at the time of remittance along with your Banker's Transfer Challan.

We undertake transfer of funds to India in other currencies also including Swiss Franc, Australian Dollar, Singapore Dollar, Hong Kong Dollar etc.

For any clarification, please email to our HO:INTERNATIONAL DIVISION at ibhoid@dataone.in ; ibcoid@satyammail.com


Last Updated July 18, 2007


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