• A- A A+

Inward Remittances

Encashment of TTs/purchase of MTs/DDs in respect of which cover has been received in Nostro A/cs.

  • Current  TT  buying rate + ₹100 per lac or part thereof
  • Max ₹500

Purchase of customer’s personal cheques, demand drafts, IMO’s ,TTs, banker’s cheques payable abroad where cover has not been received in Nostro Accounts

TT buying rate + 0.15% + 15 days interest at domestic commercial rate**


Collection of clean foreign currency instruments payable abroad

  • 0.30%
  • Min ₹100 to Max ₹5000

Collection of clean foreign currency instruments payable in India

Charges as applicable to Inland Business

Charges for clean foreign currency instruments sent abroad for collection and returned unpaid

₹250 per instrument

Inward remittance to EEFC account

₹500 Flat

**overdue interest to be recovered from 16th day, if the instrument is returned unpaid.


“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”