| 22nd October 2016 06:30 PM | |
| shikha | Re: Ttbr of sbi The state bank of India is provides facility to use TTBR. Telegraphic Transfer buying rate indicates the rate at which bank convert foreign inward remittances to INR. TT Selling rate indicates the rate at which the bank sends an outward remittance through telegraphic transfer. TTB: 99 JPY: bank will pay less than mid price to buy USD Telegraphic transfer buying rate of State bank of India: As On 04-Oct-2016; Underlying RBI Reference Rate र 1 € 74.4428 1 £ 85.318 1 $ 66.5559 100 ¥ 65.08 Telegraphic transfer buying rate of State bank of India: Export Bills purchased/Negotiated/discounted: Processing charges for each foreign currency export bill: For bills upto US$5000 Rs.600/- For bills over US$5000 Rs.1200/- Processing charges for each rupee export bill 0.30%; Min. Rs.600/- per bill. For forwarding export documents on which no collection commission or exchange accrues to the bank (i.e. from one bank to the other in India) 0.30%; Min. Rs.1000/- Reimbursement charges under Letter of Credit Per reimbursement. Upto US$5000 Rs.600/- Above US$5000 & upto US$ 1 lac. Rs.1200/- Above US$ 1 lac Rs.1500/- Forwarding export documents toto another bank for negotiation toto whom L/C is restricted by the bank which has booked the forward contract. 0.30% Min. Rs.1000/-. For joining customer's guarantees and giving guarantees on behalf of customers in respect of discrepant documents. 0.20% ; Min.Rs.1000/- Overdue export bills purchased/ negotiated/ discounted where proceeds are not received in Nostro Account within six months * Rs. 250/- per month or part thereof. Charges for discrepancies in export documents under L/C US$ 50/- |
| 22nd October 2016 06:22 PM | |
| Unregistered | Ttbr of sbi Hello sir, can you please provide me basic detail about the Telegraphic transfer buying rate of State bank of India? |
