Inbound Money Transfer to India operates within the purview of guidelines of RBI & within the following framework :

• Beneficiary can be:

Individuals ( Customers or otherwise )

Visiting Foreign Tourists

Foreign students who are studying in India

• Restricted to Inbound Money Transfer service in the name of Individuals and personal use only.
  
  Maximum permissible limit per transaction : USD 2500/- per beneficiary.
  
• 12 Transactions per beneficiary are permitted in a calendar year.
  
  Maximum cash payment restricted to Rs.50,000/-. Remittance above Rs.50,000/- shall be paid through Pay Order/Draft or through credit to Beneficiaries Domestic Savings Account.
• Foreign Nationals/Visitors shall be paid the entire amount (Max. eq. of USD 2500) in cash.
• There are more than 400 designated branches to undertake the transactions.
• Payments are made in Indian Rupee only & can be collected by the intended receiver from any of the Designated Branches of our Bank.
• Repatriation benefits are not available.
• Receiver (Beneficiary) pays no fee.
• Neither the sender nor the receiver has to have a Bank Account.