‘ INDIVIDUAL’S Remittance to India – Bank of India, UK Branches. | |
---|---|
Remittance Route | Indicative time taken for the remittance to reach the beneficiary’s account in India |
Our UK Customers | From Available Funds in their account with UK branches |
BANK OF INDIA | Time taken from the date of Instructions. |
All Indian Branches (BOI) | Next Working Day |
OTHER BANKS | |
RTGS enabled Branch | 1-2 working days |
National Electronic Fund Transfer | 1-2 working days |
Non Customers | |
Cash | |
BANK OF INDIA | |
CBS enabled Branch | Next Working Day |
OTHER BANKS | |
RTGS enabled Branch | 1-2 working days |
National Electronic Fund Transfer | 1-2 working days |
Cheques etc | Remittance by Cheques drawn on other Local Banks. |
Cheque shall be sent for clearing/collection on next working day. Remittance shall be made on the date of receipt of funds by the branch (normally 6 working days from the date of receipt of cheque). | |
Remittance is made on the rate of exchange prevailing on the date of remittance. | |
Maximum cash per person per day - GBP 2,000 or equivalent |
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