FX Inward Remittances to Savings Account

• Convert your Foreign Currency Inward remittances at the best forex rate prevailing in the market
• Hassle free processing at a minimal FX charges
• Faster Credit to beneficiary account

Our Daily forex rates  https://www.iob.bank.in/en/forex-rates (For inward remittances to savings account TT Buy Rate will be applied)

Forex Service Charges Calculator  https://voice.iob.in/forexcal

To avoid delays to your foreign currency Inward Remittances, please ensure to provide the following details at the time of remittance

1) Full 15 digit bank account number

2) Beneficiary name as per bank records

3) For Personal remittances always use our swift code IOBAINBB001

While sending remittances for FCNR B deposit purpose, always use one of the following disposal instruction in field 70/72 of the swift instructions field

1) OPEN FCNR DEPOSIT for <duration> months/years in <currency> Nominee details

2) OPEN FCNR DEPOSIT Contact beneficiary for instructions

For all your foreign currency inward remittances related queries, please reach us out at fedcar@iobnet.co.in / nrihelp@iobnet.co.in  (044-28519618/044-28519611)