For the purpose of opening a new account and for augmenting/replenishing your existing account, you may choose any of our NRI branches convenient to you and any one or more of the following modes of remittance.
- A demand draft drawn in any freely convertible foreign currency.
- Your personal cheque in foreign currency drawn on your account abroad.
- Drafts drawn abroad in Indian Rupees by Reserve Bank of India authorised Exchange Houses.
- International Money Orders in foreign currency.
- Transfers from existing FCNR/Non-Resident External Rupee Accounts with us.
During your esteemed personal visit you may tender foreign currency, CASH and/or Travellers cheques. As per Reserve Bank rules, you are permitted to carry to India without Customs declaration amounts in Cash component up to USD 5000/-(or equivalent in other foreign currencies) along with travellers cheques with the sum total of the two aggregating USD 10,000/-. These limits are for each NRI visiting India. On the other hand you may bring in any amount after declaring the same at the customs counter and obtaining a Currency declaration Form (CDF) signed by Customs Official.
SWIFT REMTTANCE: It is the modern mode of transferring money instantaneously. A sample format for the transfer of funds is provided below. You can fill up the form and give it to your overseas bank to remit funds to your account with us: