Bank of Baroda is committed to continuously enhance its offerings with innovative products & services leveraging advanced technology to provide maximum banking convenience to its customers spread around the globe.
Our new Money Transfer Service is a boon to NRIs and their families as well as visiting foreign tourists and students in India. In a strategic tie-up, Bank of Baroda brings inbound instantaneous inward remittance to your doorsteps under Money Transfer Services (MTS) Scheme of RBI.
Key Benefits
- Instant payment of Foreign Inward Remittance, either in cash or by DD/PO/Credit to savings A/c to individual beneficiaries in India within minutes after the sender has effected the remittance.
- Hassle free payment to beneficiary against photo identification.
- No charge is levied to Beneficiary.
- Neither the sender nor the receiver has to have a Bank Account.
