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Customers can exchange for various purposes, as per RBI guidelines, for the following transactions:

  • Private visits
  • Remittance by tour operators / travel agents to overseas agents / principals / hotels
  • Business travel
  • Fee for participation in global conferences and specialized trainings
  • 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 Organisations

We also provide the facility of Telegraphic Transfers (TT) and Foreign Demand Drafts (FDD) at our branches for the above outward remittance transactions as specified by Reserve Bank of India.

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