Remittances

‘ INDIVIDUAL’S Remittance to India – Bank of India, UK Branches.
Remittance Route	Indicative time taken for the remittance to reach the beneficiary’s account in India
Our UK Customers	From Available Funds in their account with UK branches
BANK OF INDIA	Time taken from the date of Instructions.
All Indian Branches (BOI)	Next Working Day
OTHER BANKS
RTGS enabled Branch	1-2 working days
National Electronic Fund Transfer	1-2 working days
Non Customers
Cash
BANK OF INDIA
CBS enabled Branch	Next Working Day
OTHER BANKS
RTGS enabled Branch	1-2 working days
National Electronic Fund Transfer	1-2 working days
Cheques etc	Remittance by Cheques drawn on other Local Banks.
Cheque shall be sent for clearing/collection on next working day. Remittance shall be made on the date of receipt of funds by the branch (normally 6 working days from the date of receipt of cheque).
Remittance is made on the rate of exchange prevailing on the date of remittance.
Maximum cash per person per day - GBP 2,000 or equivalent

Foreign Exchange Rate