Access the global markets with a promise of security.
Foriegn Exchange Services by Bank of Baroda.
Foriegn Exchange Services
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Foreign Exchange Service
Bank of Baroda offers a wide range of services to customers
- Dealing in all major foreign currencies and Travelers cheques
- Issue of Demand draft and transfer of funds thru SWIFT
- Opening of Foreign Currency accounts
- Bill Finance
- Bank Guarantee
- Export Finance
Foreign currency notes and Travelers cheques
You want to plan for holiday or business trip abroad you need to have your currency right away.We offer foreign currency for just anywhere you plan to travel. We offer competitive exchange rate without exchange fee or commissions.
You can also ask for travelers cheques which is more convenient and secured at any of our branches.
Issue of Demand Draft and transfer of funds through SWIFT
We offer a wide range of international payments to send your money quickly and safely to its destination.
Foreign currency accounts
| TERM DEPOSIT | EUR | GBP | USD |
|---|---|---|---|
| Minimum deposit for account opening | 10,000 | 10,000 | 10,000 |
Bill Finance
We offers a wide range of services relating to Imports and Exports as under:
Documentary Credits
- We handle both imports and exports letter of credit.
Collections
- We collect both Foreign Inward and outward bills on behalf of our customers.
Import Loans
- We finance our customers for their imports.
Export Finance
- We also extends export finance to our customers.
Bank Guarantees
We issue Bank guarantees, on behalf of our customers, in favour of third parties like Government departments, Public sector organisations, etc.
Type of guarantees
- Performance
- Financial
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