Currency | Details |
---|---|
INR | Through our Mumbai Treasury Branch |
Yen | Through our Tokyo Branch |
HKD | Through our Hongkong Branch |
GBP | Through our London Branch |
EURO | Through our Paris Branch |
SGD | Through our Singapore Branch |
USD | To any bank across the globe through their correspondent bank |
No fee/charges/commission for rupee remittances to our branches in India, irrespective of the amount.
Conversion from USD to INR is at Card Rate determined on a daily basis.
Remittance in INR to a beneficiary in India
- Bank of India branches - NIL
- Other banks – USD 25.00
Remittance to beneficiary in other countries, irrespective of amount or currency (other than INR) – USD 30.00
Remittance within USA – USD 30.00
We process wire transfers only for our customers who have account in our New York Branch.
- Beneficiary’s Name
- Address
- Account Number
- Bank details.
For wire transfer to other banks in India (except BOI) 11 digit IFS Code is required.
For wire transfer to other banks across the globe, IBAN or BIC is required.
Normally, the funds are credited to the beneficiary within two business days. It may take longer depending on the foreign country’s practices.
Provide the following information to your bank
Intermediary Institution – Bank of India, New York Branch, BIC - BKIDUS33 or ABA Routing Number – 026005458
Account with Institution – SWIFT Code of the branch where you maintain account (in case of Indian branches – the nearest AD branch)
Beneficiary Customer
- 15 digit Account Number
- Name
- Address
- Parent Branch
Remittance Information – Purpose of Remittance
Bank of India – New York Branch has discontinued issuing Demand Drafts.
646-720-0399/646-720-0411
Or Vice President (Operations) at 646-720-0392
646-720-0394 / 646-720-0403