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You are here ->NRI Services -> Money Transfer

 

  Western Union Money Transfer:

 

Western Union Money Transfer provides you an option to receive the money world wide. The Receiver/Beneficiary/customer can then go to any of our identified branches* offering western Union Money Transfer Service, fill out a simple "To Receive Money” Form and show proper photo identification. Once this information is verified and found to be satisfactory, the Branch will pay the Money.

 

Features:

 

Service approved by Reserve Bank of India.
Beneficiary/Receiver pays no fee.
Neither the Sender nor the Receiver has to have a bank account.
Service is Fast, Safe, Legal & Reliable.
Every transfer is protected by a world class security system.
A single recipient can receive up to 12 remittances in a year
No membership or account required
No charges for the receiver of fund
The receiver should not disclose MTCN to anyone

 

 Benefits:

 

  • The money reaches you safely in minutes through secure Global Network.
  • At present, Western Union has over 1, 20,000 Agent locations in more than 190 countries.
  • Sender can send the money by filling a simple form “ To Send Money”
  • Receiver can receive the money by filling a simple form “To Receive Money”

 

Permitted Remittances:

 

  •  Personal Remittances towards family maintenance
  • Remittances favoring foreign tourists visiting India

 

Not-Permitted Remittances:

 

  • All Trade related remittances, remittances towards purchase of property 
  •  Investments or credit to NRE/FCNR Accounts etc 
  •  Donations/Contributions to Charitable organizations

 

Cash Limits:

 

  • Single remittance should not exceed 2500$ or its equivalent
  • Branches can pay up to Rs.49,999/- by Cash. All amounts of Rs.50,000/- and above shall be
  • paid by Pay Order/Demand Drafts (without our Bank Charges) or Direct credit to the
  • Beneficiary Account in the Branch.
  • For Foreign Tourists amount exceeding Rs.50,000/- can be paid by Cash as per RBI permission
  • Only 12 Remittances shall be permitted in a year by a single recipient.

 

Accepted Identification proofs:

 

  • Passport
  • Driving License
  • Ration Card
  • Voters id
  • PAN Card
  • Refugee Card
  • Bank pass book(where photo available)
  • Army card
  • Police card
  • Student Id (Government colleges)

list of Branches where you can avail the western union money transfer facility.

 

 

Tele Transfer through Correspondents Banks

 

  

LIST OF FOREIGN CORRESPONDENTS WITH ADDRESS, NOSTRO A/C NOS.

SL.NO.

CORRESPONDENT BANKS’ NAME  & ADDRESS

CURRENCY

NOSTRO A/C NUMBER

1.

HSBC BANK USA
140, BROADWAY
NEW YORK, NY-10015, USA

USD

000-03381-2

SWIFT :MRMDUS33

2.

HSBC BANK PLC ,
P.O.BOX 181, 27-32, POULTRY
LONDON -  EC2P 2BX,      UNITEDKINGDOM

GBP

00263899

SWIFT :MIDL GB22

3.

CITI BANK
111, WALL STREET 5TH FLOOR ZONE 9
NEW YORK, N.Y. 10041

USD

36201103

SWIFT : CITIUS33

4.

UBS AG
PO BOX 8098, ZURICH

CHF

02300000035331050000E

SWIFT: UBSWCHZH80A

5

TORONTO DOMINION BANK
INTERNATIONAL CENTRE
P.O.BOX NO.1, TORONTO
DOMINION CENTRE, TORONTO,
ONTARIO, M5K IA2, CANADA

CAD

0360-01-2085913

SWIFT : TDOMCATT

6.

HONGKONG & SHANGHAI BANKING CORPORATION
10, COLLYER QUAY, 01-01,
OCEAN BUILDING
SINGAPORE 0104,
REPUBLIC OF SINGAPORE

SGD

141-314203-001

SWIFT : HSBCSGSG

7.

HSBC BANK AUSTRALIA  LTD.
14, MARTIN PLACE,
GPO BOX 5302,
SYDNEY  NSW 2000
AUSTRALIA.

AUD

011-795721-041

SWIFT : HKBAAU2S

8.

STANDARD CHARTERED BANK
FUJI BUILDING, 2-3 MARUNOUCHI 3-CHOME
CENTRAL P.O.BOX 906, CHIYODA-KU
TOKYO – 100-91, JAPAN

YEN

0209791-1-1-10

SWIFT : SCBLJPJT

9.

HONGKONG & SHANGHAI BANKING COPORATION
SIR BARON JYATILAKA MWATHA
COLOMBO-1, SRILANKA

ACU

001-244896-101

SWIFT : HSBCLKLX

10.

CITI BANK AG
NEVE MAINZER STRASSE 75
60311 FRANKFURT

EUR

4116098003

SWIFT CITIDEFF

11

COMMERZ BANK AG
60301 FRANKFURT am  MAIN

EUR

400875015000EUR

SWIFT : COBADEFF

12

SVENSKA HANDELSBANKEN
SE 106 70 STOCKHOLM SWEDEN

SEK

40315959

SWIFT :  HANDSESSXXX

 

OUR BANK SWIFT CODE: LAVBINBB

 

 

 

 

Unaudited Financial Results Q I

Unaudited financial results of the Bank for the First Quarter ended 30th june 2010

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...........................................................
Bank Presentation to Analyst Meet on 23rd August

Bank Presentation to Analyst Meet on Monday,23rd August,2010

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...........................................................
OUTREACH PROGRAMME –RBI

RBI HAS CONDUCTED AN OUTREACH PROGRAM ON PAYMENT AND SETTLEMENT AT KARUR

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...........................................................
ATM Claim Format

Customers are requested to submit ATM Claims as per the format enclosed.

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...........................................................
CHAIRMANs Speech

CHAIRMANs Speech at the 83rd Annual General Meeting on 04th August 2010

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...........................................................
Press Release

Lakshmi Vilas Bank’s new top management team to put bank on a high growth trajectory

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...........................................................
Switching from Benchmark Prime Lending Rate to Base Rate

Base Rate of our Bank is 8.75 percent p.a with effect from 1st July 2010

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...........................................................
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