IMPORTANT (IF CURRENCY CONVERSION IS INVOLVED)

When conversion of currency is involved, the remittance will be made as per the rate prevailing on the date of transaction. In case you wish to have the currency conversion take place at the draft-paying center and not at our end, you must specifically mention it in your remittance application.

If the currency in which the draft is to be made is not mentioned in your application, the same shall be made out in Indian Rupees, if the remittance is to branches in India.

If you request a draft on a center which does not deal with Foreign Currency drafts, we will issue Rupee draft without any further reference to you.


If the Remittance amount is USD3000 or more (equivalent other currencies) you have to submit additional information as pre prescribed form ( CLICK HERE TO DOWNLOAD )

Charges for Remittance Facilities are as under:

Demand Draft/Mail Transfer USD 15 Per transaction (Irrespective of Amount)
Mail Transfer by Courier USD 20 Per transaction (Irrespective of Amount)
Telegraphic / Wire Transfer USD 35 Per transaction (Irrespective of Amount)

Please note that certain restrictions apply for Funds Transfer. For details and for further clarifications or for any questions, you may contact MS. PEARL CHRISTIE at Ext. 305 or Mr. ANIL SHAH at Ext. 344 on 212-753-6100

Form 1
Conditions
Additional Form 
(More then 3000 USD)
Sending money to India is easy through BANK OF INDIA
REMITTANCES PLAN
Transfer Method
Charges for Remittance


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