Foreign And Forex Exchange Services

Foreign exchange made easy with TJSB Forex

Opening NRO (Rupee) / NRE (Rupee) at all branches.
FCNR accounts at select IBD Branches for NRI.
Handling of Inward and Outward Remittances (Trade Related).
All types of Remittance are pertaining to Education / University Fees, Medical Expenditures, Maintenance Expenses, Permissible Investments Abroad.
Handling of Export Documents.
Export finance in the form of Pre-Shipment & Post-Shipment (Concessional interest rate).
Opening of Import letter of credit, UD Dollar cheque collections.
Currency changing facility at selected branches.
Prepaid multi currency Travel card in 15 currencies at selected branches.

We can open a letter of credit (LC) on your behalf of any party in any country.
We handle intermediary trade transactions.
Import related remittances for advance payment in 8 major currencies and other misc. currencies as well.
You can call your Direct documents through our Bank on D/P, D/A basis.

We handle all types of remittance requirement towards Education fees, Medical treatment,Family maintenance,Gift and any other purpose(permissible in LRS under FEMA guidelines).
You can call for remittances permissible under FEMA.
Residents can remit funds for Overseas Investment (permissible under FEMA guidelines).

A convenient way of transferring personal remittances from abroad to individuals in India. (Sending money from India to Other Countries is not permitted)
Receive money within few minutes.
Maximum inward remittances per transaction – US $2500.
Money Transfer up to Rs. 50000/- in Cash
Money Transfer above Rs. 50000/- by crossed DD/Pay Order/NEFT/IMPS
Maximum of 30 transactions in a calendar year.
Available at all TJSB Branches.
Beneficiary must be personally present at bank along with Officially Valid KYC (like Aadhaar Card, Passport, Pan Card, Photo, Voter’s Card, Driver’s License) documents (Self-attested) along with To Receive Money (TRM) Form with 10 digit MTCN number, Click here for TRM Form
Facility not available for Minor.

A forward contract allows you to fix a prevailing rate of exchange for the particular period *

Forward Contracts are used by importers, exporters or business owners looking for a higher level of certainty in their future cash flow.

Framework of Hedging Guidelines

*T&C Apply

01.07.2025 @ 10:09 AM

Exchange rates mentioned are indicative & are subject to change as required base market fluctuations The final rate applicable unless mentioned will be the card rate prevailing at the time debit /credit to the account of the client
Threshold for card rate is USD 5000 or any other foreign currency equivalent to USD 5000
Indicative Rate of JPY in Hundred Unit

SERVICES AVAILABLE AT

DETAILS OF NOSTRO ACCOUNTS

Curr	Correspondent Bank	SWIFT/BIC	Account No
CHF	Commerzbank AG, Germany	COBA DE FF	Account Number: 400875122400CHF
EUR	Commerzbank AG, Germany	COBA DE FF	Account Number: 400875122400EUR
GBP	Commerz Bank AG, Germany	COBADEFF	Account Number: 400875122400GBP
JPY	Bank of India, Tokyo	BKID JP JT	Account Number: 424123401000023
AUD	Commerz Bank AG	COBADEFF	Account Number: 400875122400AUD
USD	Bank of India, New York	BKID US 33	Account Number: 121121604447049, ABA ROUTING NO: 026005458
USD	State Bank of India, New York	SBIN US 33	Account Number: 77607046920001, ABA ROUTING NO: 026009140
AUD	State Bank of India, Sydney	SBINAU2S	Account Number: 30113037320001
SGD	Commerz Bank AG, Germany	COBADEFF	Account Number: 400875122400SGD
CAD	Commerz Bank	COBADEFF	400875122400CAD
EUR	STATE BANK OF INDIA, FRANKFURT, GERMANY	SBINDEFF	Account Number: DE9850 3300 0000 8085 0034