Trade and Forex Services

• Your transactions are quick, easy, and on time with our electronic inbound and outbound money transfer capability.
• Furthermore, we provide a one-business-day response time. The 24-hour inward remittance turnaround time is based on the remitting bank's recommendation with connected beneficiary information and after the funds have been credited to our correspondent banks.

• Purchase international drafts in any recognized currency, for any amount, at a competitive price. Available on receipt of complete documentation. 

• Special foreign currency accounts are available to residents who are exporting or delivering services outside of India.

• Reduce the risk of currency rate fluctuations. For booking forward contracts, our dedicated treasury desk provides access to competitive rates.

• Proactive, Timely, and Seamless. The FEMA regulations, which are subject to change in accordance with regulator standards, will be followed for trade and foreign exchange transactions.

We make sure that all export and import bills, including those covered by letters of credit, advance payments, and collections, are completed within one business day. The 24-hour inward remittance turnaround time is based on the remitting bank's recommendation with connected beneficiary information and after the funds have been credited to our correspondent banks.

• We provide both local and international currency bank guarantees on your behalf in accordance with FEMA laws.

We provide inland trade services, such as inland bill collection and discounting, at appealing interest rates.