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iob_bank_Forex
Treasury (foreign) caters to the needs of Exporters, Importers and Non-Resident Indians for all their foreign exchange transactions. To facilitate the same, Bank is maintaining Nostro account with various correspondents which facilitates smooth flow of funds from/to India.
An exclusive NRI cell attends to the requirements of NRIs right from opening of their account up to tracking of their payment and their specific needs, if any.
Bank has tie up with 15 exchange houses and banks in Gulf, by means of which the remittance to India from Gulf has been eased out.
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