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Current Account for Global Business

Introducing FX throughput based preferential charges for cross-border transactions


FX Throughput linked concession

Current account for Global Business is a tailormade solution for importers and exporters offering a wide range of benefits to fulfil your banking needs.

The product features includes preferential charges for committed Fx throughput with a flexibility to choose options across three variants that best suits your trade volumes.

Features & Benefits

  • Fx throughput linked model where in you can avail preferential charges for trade transaction by committing to route Quarterly Forex turnover (QFT).
  • Option to choose from three variants
    • Silver QFT $50K
    • Gold QFT $100K
    • Platinum QFT $ 200K
  • Leverage on the turnover and enjoy concessional transaction service charges. The concession in transaction service charges increases with the increase in committed levels of Quarterly Forex Turnover (QFT)

Schedule of Charges

Charge Head (all fig. in INR) SilverGoldPlatinum
Quarterly Forex Throughput (USD) or equivalent 50K100K200K
Charges for non-fulfilment of QFT (INR) – to be recovered on quarterly basisRs. 2500 Rs. 5000Rs. 7500
Remittances    
Inward Remittances FreeFreeFree
Foreign Outward Remittance (Non-Import) 400300200
Exports    
Export Bills under Collection 500300200
Export bill against advance remittance received 500300200
Imports    
Advance Import Bills 500300200
Direct Import Bills 500300200
Import Bills under Collection 500300200
Miscellaneous Charges    
SWIFT 500300Free
Courier Charges 500300200

**Please click here for the complete schedule of charges related to the Current Account for Global Business

Eligibility & Documentation

  • Current Account for Global Business*
  • Duly filled application form signed by Authorised signatories for availing Current Account for Global Business - FX throughput linked concession.

*Please click here for the eligibility criteria for Current Account for Global Business