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The following remittance services are offered at extremely competitive rates.
  • Demand drafts in INR, LKR and other major currencies.
  • INSTANT REMIT - Instant transfer of INR remittances upto 10 lacs with Indian Bank Branches in India
  • SPEED REMIT - Same day/Next day transfer of High value of INR(above 10 lacs) with Indian Bank branches.
  • Speed Remit-NEFT-Direct credit to Beneficiary Account with Branches of other Banks in India.(T + 2 days)
  • IBeRemit - Onlineremittance facility for eNets users.
  • KIOSK -Instant transfer of INR remittances to Indian Bank Branches in India and NEFT Remittances to any bank in India.
  • Drawing Arrangements with Hatton National Bank Ltd, SriLanka.
  • Telegraphic Transfers via SWIFT and Telex in major currencies.
  • Travellers cheques in INR, AUD,EUR,USD and GBP.
  • Manager’s cheques in local currency
  • REMITTANCES IN BANGLADESHI TAKA / USD With effect from 20th August 2005, Bangladeshi Expatriates can avail remittance facilities from our Bank to remit Taka / USD to any part of
    Bangladesh under an arrangement we have with Sonali Bank. For more details contact Bank.
Please click on the following:
Facilities to NRIs include:
Assistance in opening various types of deposit accounts at our Indian branches such as
  • FCNR Accounts – Foreign Currency Non-Resident Accounts in
    designated currencies (at designated branches).
  • NRE Account - Non-Resident External Rupee Account at any branch
  • NRO Account - Ordinary Non-Resident Rupee Account at any branch
Remittance arrangements at attractive rates (conditions apply).
Requirements for opening an NRI account:-
  • Account opening form (inclusive of Nomination form).
  • Two recent passport sized photographs.
  • Photocopy of the relevant pages of your passport showing issuance and expiry
    particulars (original passport to be submitted for verification)
  • Copy of NRIC/Employment Pass (Original to be submitted for verification).
  • Minimum Deposit of SGD 60/- and above.
  • Documentary proof of India Address.
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