Bank of India, New York - Remittances Plan

We provide remittances facility through:

1. Demand Drafts
2. Ordinary Mail Transfer ] Beneficiary should have account with
3. Express Mail Transfer ] Bank of India
4. Wire Transfer

Currencies :

Remittances can be made in following currencies -
1. Indian Rupees (INR)
2. US Dollar (USD)
3. Pound Sterling (GBP)
4. Euro
5. Japanese Yen (JPY)

Our Charges :

Draft Charges

Rupee Demand Draft to accounts with our Bank Branches irrespective of the amount :- NIL
Rupee Demand Draft to any other Bank irrespective of the amount :- USD 10.00
Demand Draft in other Currencies irrespective of the amount and Bank :- USD 20.00


TT Charges

Rupee TT/Wire Transfers to accounts with our Bank Branches irrespective of the amount :- NIL
Rupee TT/Wire Transfers to any other Bank irrespective of the amount :- USD 20.00
TT/Wire Transfers in other Currencies irrespective of the amount and Bank :- USD 30.00

1. Postage charges - USD 5.00 if you want us to mail the draft. (by certified mail - within USA)
2. Cancellation of Draft USD 10.00 plus actual out of pocket expenses

Application form :

Click here to download application form. Also available in the Branch.

(1) Bank of India, New York Branch is a member of FDIC
(2) Please e-mail your comments and suggestions to boiny@usa.net


Assisting in Opening of Accounts for NRIs at our Branches in India

    We provide assistance in opening of FCNR/NRE Accounts in US Dollars/Indian Rupees for NRIs at our branches in India.  CLICK HERE to download the form and instructions.

     Please CLICK HERE for the interest rates being provided in India on NRE deposits. 

     Please CLICK HERE to see the brief salient features of the various NRI schemes available with Bank of India in India.

Remittance Plan          What you need to do           More about Remittances         Terms And Conditions
Bank of India, New York Branch is a member of FDIC
Please e-mail your comments and suggestions to boiny@usa.net