Foreign Payments and Receivables

Free Instant Inward Remittances

• As a preferred customer, you are entitled for a free electronic inward transfer facility.

Outward Remittances / FCY Draft Issuance

• Our outward remittance transfer facility makes your transactions simple, effortless and on-time.
• Purchase international drafts in any of the major currencies at competitive pricing.

Collection of Foreign Currency Instruments

• We handle speedy collection of Cheques and Drafts of recognized currencies drawn on various countries.

Free Foreign Currency Accounts

• Benefit from multi-currency EEFC Accounts and special purpose Foreign Currency Accounts.

Effective Tracking Mechanism

• We have an efficient tracking mechanism through SWIFT tracers based on payment details made available.

Travel Related Services

• Multicurrency International Travel Card with 8 different currency wallets.
• We also buy and sell FCY notes for personal and business needs.

 

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Hedging Services

• Insulate your business from exchange rate fluctuations with our customized Hedging solutions.

Forward/Spot Contracts

• Book cash / tom / spot or forward deals with the help of our strong forex advisory platform.
• Experienced dealers provide competitive spot and forward quotes.

 

Export Bill Collection

• Route your Documentary Collections through RBL bank to enjoy faster credit of your export credits.
• Tie ups with internationally reputed courier agencies ensure prompt, efficient and timely dispatch of your documents.

Export LC Advising

• We advise LCs for customers and non-customers across the country through our correspondent bank network.
• Delivery within committed time frames.
• Through our expertise we can explain complex LC terms to help you in error-free document preparation.

Export Document Scrutiny

• With a specialist team of trade experts scrutinizing your export documents, you can be assured of not only saving substantially on the discrepancy fee but also of any risks that may arise in case the documents get rejected.

Export Packaging Credit (Pre-Shipment / Post- Shipment)

• We provide export financing services in both INR and FCY to meet your financing requirements at different stages of exports.
• Avail pre-shipment finance in the form of Export Packing Credit (EPC) for purchase or import of raw materials, processing and packing of goods meant for exports.
• Post shipment, get your export documents discounted / purchased or get rupee advance against export bills sent for collection / under LC at competitive interest rates.

Import Letter of Credit

• Our high level of expertise in providing advisory services in structuring of Letter of Credits, helps us create solutions for a variety of purchase requirements.

Import Payments Services

• With us you can be assured of prompt and efficient handling of your Import Collection Documents, Direct Import Documents or Advance Payments. Our team of experts will carefully scrutinise the documents and assist you in effecting payments for the goods purchased from abroad.
• With our Trade Advisory Services you can now be advised on various provisions that exist in FEMA relating to such payments and effecting faster and efficient remittances to your supplier.

Supplier's and Buyer's Credit

• We can arrange for financing your imports through a buyer's / supplier's credit at very competitive rates of interest. This is a foreign currency loan, and interest rates are typically linked to the LIBOR rate of the currency of finance.

Bank Guarantees

• As per FEMA regulations, we issue foreign currency bank guarantees on your behalf.

Inland Trade Services

We offer inland trade services, such as inland bill collection services and discounting, at attractive rates of interest.

• Collection of domestic purchase or sale documents
• Extensive tie up with local banks
• Faster realisation of payments