The Bank renders Forex Serivces under A.D. - Category-II

The Money Transfer business in accordance with Memorandum AMC issued vide A.P. (DIR Series) Circular No. 43/A.P. (FL Series) Circular No.1 dated November 12, 2002. To release remit foreign exchange for the following transactions in terms of A.P. (DIR Series) Circular No. 25/A.P. (FL Series) Circular No.02 dated March 6, 2006:-

Customers can avail the Foreign Exchange services for the following activities:

  • Private Visits.
  • Remittance by tour operators/travel agents to overseas agents/principals/hotels.
  • Business Travels.
  • Fees for participation in global conferences and specialized training.
  • Remittance for participation in international events / competitions (towards training, sponsorship and prize money).
  • Film shooting.
  • Medical Treatment abroad,
  • Disbursement of crew wages.
  • Overseas Education.
  • Remittance under educational tie up arrangements with universities abroad.
  • Remittance towards fees for examinations held in India and abroad and additional score sheets for GRE, TOEFL etc.,
  • Employment and processing, assessment fees for overseas job applications.
  • Emigration and Emigration Consultancy Fees.
  • Skills / credential assessment fees for intending migrants.
  • Visa fees.
  • Processing fees for registration of documents as required by the Portuguese / other Governments,
  • Registration / Subscription / Membership fees to International Organizations.

For further information, please contact the Foreign Exchange Officer on +91-40-23437100 (Ext: 85 & 86) or through mail: ,