Access the global markets with a promise of security.
Foriegn Exchange Services by Bank of Baroda.
Foreign Exchange Services
We offer a wide range of international payments to send your money quickly and safely to its destination
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Overview
Bank of Baroda offers a wide range of services to customers
- Dealing in all major foreign currencies
- Issue of Demand draft and transfer of funds through SWIFT
- Opening of Foreign Currency accounts
- Bank Guarantee
Foreign currency notes
You want to plan for holiday or business trip abroad you need to have your currency right away.We offer foreign currency for just anywhere you plan to travel. We offer competitive exchange rate without exchange fee or commissions.
Issue of Demand draft and transfer of funds through SWIFT
We offer a wide range of international payments to send your money quickly and safetly to its destination.
- Accepted as margin for non-fund based facility
- Accepted as collateral for overdrafts and loans
| Foreign currency accounts | |||
|---|---|---|---|
| Term Deposit | GBP | EUR | USD |
| Minimum deposit for account opening | 100,000 | 100,000 | 100,000 |
Bill Finance
We offers a wide range of services relating to Imports and Exports as under:
- Documentary Credits
- We handle both imports and exports letter of credit
- Collections
- We collect both Foreign Inward and outward bills on behalf of our customers
Bank Guarantees
We issue Bank guarantees, on behalf of our customers, in favour of third parties like Government departments, Public sector organisations etc.
Type of guarantees
- Performance
- Financial
PS : Issuance of Bank Guarantee, Letter of Credit, Bill finance are subject to compliance of other guidelines of the bank.
