INTERNATIONAL REMITTANCE

INWARD REMITTANCE

Inward remittance is a transfer of money from overseas bank to MOB bank with  the purpose of receiving fund for trade ,services, investment, working capital, company expense, commission fees, tourism business, salary, Donation, Capital brought in, doing business etc.,

  • 10(USD,EUR,SGD) for Inward Remittance

Required Documents

  • Application Form with Company Letter Head
  • Form(C) / Form (E)
  • Export Declaration(ED)
  • Documentary Evidence for Remittance Information

OUTWARD REMITTANCE

Outward remittance can be used for Trade, Non Trade and Advance Payment.

  • 0.125% on Outward Remittance Amount will be collected as remittance fee.
    (Note: Minimum 25(USD, EUR, SGD))
    Swift charges – 3(USD, EUR, SGD)

Required Documents

Outward Remittance for Trade

  • Application Form with Company Letter Head
  • Bank TT Application Form
  • Form Thaka
  • Import License
  • Import Declaration (I/D) / Release Order/ Receipt of import declaration
  • Bill of Lading (B/L) (or) Air Waybill (or) Cargo Receipt
  • Commercial Invoice
  • Packing List
  • Sufficient Bank Balance

Outward Remittance for Advance TT (Trade)

Certain amount of Advance TT service will be provided to our valued customers.

CORRESPONDENT BANK LIST

 
Sr.No Country Bank Name Location
1 Singapore DBS Bank Ltd Singapore
2 National Bank of ABU DHABI PJSC
(Formerly First Gulf Bank)
Singapore
3 UOB Bank Singapore
4 OCBC Bank Singapore
5 E.Sun Commercial Bank Singapore
6 Malaysia May Bank Malaysia
7 Bank AI Habib Limited Malaysia
8 OCBC Bank Malaysia
9 Thailand CIMB Thai Public Co., Ltd
(Formerly Bankthai Public Co.,Ltd)
Thailand
10 Siam Commercial Bank Thailand
11 Bangkok Bank Thailand
12 OCBC Bank, Bangkok Branch Thailand, Bangkok
13 Krung Thai Bank Public Co., Ltd Thailand
14 Bank for Agriculture and Agricultural Cooperatives Thailand, Bangkok
15 KasikornBank Public Co., Ltd. Thailand, Bangkok
16 United Overseas Bank (UOB Bank) Thailand, Bangkok
17 China Yinzhou Bank China, Ningbo
18 ICBC Bank China, Beijing
19 UOB Bank, China Ltd China, Shanghai
20 OCBC Bank, China Ltd China, Shanghai
21 Fudian Bank Co., Ltd China, Kunming
22 Taiwan E.Sun Commercial Bank Taiwan, Taipei
23 First Commercial Bank Taiwan, Taipei
24 Cathay United Bank Taiwan, Taipei
25 DBS Bank, Taiwan Ltd Taiwan, Taipei
26 Export-Import Bank of the Republic of China Taiwan, Taipei
27 Taiwan Cooperative Bank Ltd Taiwan, Taipei
28 OCBC Bank Taiwan, Taipei
29 Taishin International Bank Taiwan, Taipei
30 Taiwan Shin Kong Commercial Bank Co., Ltd Taiwan
31 Hong Kong UOB Bank Hong Kong
32 OCBC Bank, Hong Kong Hong Kong
33 Bangkok Bank PCL Hong Kong
34 United Kingdom Int’l Global Currencies Co., Ltd London
35 Vietnam BIDV Bank (Vietnam, Ho Chi Minh) Vietnam
36 UOB Bank (Vietnam, Ho Chi Minh) Vietnam
37 OCBC Bank Vietnam
38 TIENPHONG COMMERCIAL JOINT STOCK BANK Vietnam
39 UAE, Abu Dhabi National Bank of ABU DHABI PJSC
(Formerly First Gulf Bank)
UAE, Abu Dhabi
40 Japan Sumitomo Mitsui Banking Corporation Japan
41 OCBC Bank Tokyo,Japan
42 Switzerland Banque De Commerce Switzerland
43 Germany Deutsche Bank AG Germany
44 US, Washington International Finance Corporation US, Washington
45 Italy Banca Popolare Di Sondrio Italy
46 India, Mumbai United Bank of India India, Mumbai
47 YES Bank Limited India, Mumbai
48 Ukraine PJSC Bank Credit Dnepr Ukraine
49 France, Paris Bred Banque Populaire France, Paris
50 Korea, Seoul OCBC Bank, Seoul Branch Korea, Seoul
51 Shinhan Bank Korea, Seoul
52 Woori Bank Korea, Seoul
53 Busan Bank Korea, Seoul
54 KOOKMIN BANK Korea, Seoul
55 Indonesia PT Bank Sinarmas Indonesia
56 PT Bank OCBC Nisp Tbk Indonesia
57 Great British Euro Exim Bank Ltd (Representative Office) Great British
58 Pakistan Bank AI Habib Limited Pakistan