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- Current Account for Global Business
- Throughput Linked Concession
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).
From 24x7 support, easy access to branches and a wide range of banking facilities, we make it all an enjoyable experience for you.
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)
- Silver QFT $50K
- Gold QFT $100K
- Platinum QFT $ 200K
Schedule of Charges
| Charge Head (all fig. in INR) | Silver | Gold | Platinum |
|---|---|---|---|
| Quarterly Forex Throughput (USD) or equivalent | 50K | 100K | 200K |
| Charges for non-fulfilment of QFT (INR) – to be recovered on quarterly basis | ₹ 2500 | ₹ 5000 | ₹ 7500 |
| Remittances | |||
| Inward Remittances | Free | Free | Free |
| Foreign Outward Remittance (Non-Import) | 400 | 300 | 200 |
| Exports | |||
| Export Bills under Collection | 500 | 300 | 200 |
| Export bill against advance remittance received | 500 | 300 | 200 |
| Imports | |||
| Advance Import Bills | 500 | 300 | 200 |
| Direct Import Bills | 500 | 300 | 200 |
| Import Bills under Collection | 500 | 300 | 200 |
| Miscellaneous Charges | |||
| SWIFT | 500 | 300 | Free |
| Courier Charges | 500 | 300 | 200 |
**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
