• Trade, FX and-remittances| Bank of Baroda

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Trade, FX and Remittances

Trade, Fx and Remittances Forms

Bank of Baroda, one of the largest Public Sector Banks has nation wide network of more than 8000 Branches with Strong Global Presence in 19 countries & Five Continents (North America, Europe, Africa, Asia & Australia). The bank enables trade and finance services through its 200 plus Forex designated branches including specialized branches for Trade Transactions, Corporate Financial Service Branches (CFS), International Business Branches (IBB), Small and Medium Enterprises Branches (SME) and IFSC Banking Unit at Gift City - Gandhinagar, Gujarat. It has Centralized Trade & Forex Operations at Bangalore and Ahmedabad and State-of-the-art dealing room with full-fledged derivative desk.

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  • Export

    Bank of Baroda offers efficient and hassle free export bill collection services through its vast network of more than 200 AD branches in India and worldwide network of correspondents.

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  • Import

    Bank of Baroda enables its Indian importers to obtain foreign currency funding from BOB's overseas branches at competitive rates to finance their imports, up to the operating cycle.

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  • BarodaINSTA SmartTrade

    A one point solution with advanced capabilities for our trade finance customers facilitating all Foreign & Inland trade transactions and Fx Remittances for individuals, enabling them online access for initiating transaction requests and ensures better governance with enhanced security and controls.

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  • Hedging

    Bank of Baroda has a full-fledged global treasury offering different forex hedging facilities dealing in major foreign currencies.

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  • Nostro Details

    Our Correspondent/Intermediary bank details with swift codes for various currencies of specialized integrated treasury branch, swift code (BARBINBBTSY): (Other than remittance of FCNR B deposits)

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  • FX Retail

    RBI vide circular dated 20/06/2019, advised banks about CCIL’s online FX Retail platform. Bank of Baroda is offering this facility from day one through all category (B) branches. No additional charges are levied by Bank of Baroda for this facility other than already applicable charges.

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