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Other Remittances
Home » NRI / FOREX » Remittance Services » Other Remittances

Other Remittances


1) Gifts Upto USD 2,50,000/- or its equivalent per financial year.
2) Donation Upto USD 2,50,000/- or its equivalent per financial year.
3) Maintenance ofclose relative abroad Upto USD 2,50,000/- or its equivalent per financial year.


Mode of release of foreign currency to the residents:
  • The foreign exchange is released for travel abroad by way of Travel Card.
  • Travellers cheques of reputed and internationally accepted brands.
  • Foreign currency notes upto the limit prescribed by Reserve Bank of India.


Encashment of foreign exchange:
  • We encash travellers cheque/foreign currency notes in all major currencies.
  • Foreign Inward Remittances in any of the currencies (Please refer list of our Nostro Correspondents) can be immediately credited to your account with us.
  • We collect clean instruments such as personal cheques, drafts, International Money Orders etc. received by Resident Indian in their favour from person resident outside India. 
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Saraswat-Bank
Saraswat-Bank