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Handles all types of foreign exchange business such as exports, imports, remittances, non-resident accounts, letters of credit & bank guarantees.
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International Banking Vijaya Bank is authorized to deal in foreign exchange since 1971 and is classified as an Authorized Dealer - Category I bank. Handles all types of foreign exchange business such as exports, imports, remittances, non-resident accounts, letters of credit & bank guarantees.
International currencies Vijaya Bank handles U. S. Dollar (USD) Pounds Sterling (GBP) Euro (EUR) Japanese Yen (JPY) Canadian Dollar (CAD) Australian Dollar (AUD) Singapore Dollar (SGD) Swiss Francs (CHF) UAE Dirhams (AED)
Facilities for Exporters Advising and confirming Export Letters of Credit Export Bill Collection Financing of Exports Rupee Export Credit Pre-shipment Credit Post-shipment Credit Foreign Currency Export Credit Pre-shipment Credit in Foreign Currency (PCFC) Post-shipment Credit in Foreign Currency (PSCFC) Non-Fund based facilities Guarantees Import/Inland Letters of Credit Forward Contracts Other facilities available to exporters Exchange Earners’ Foreign Currency (EEFC) account Net Banking facility Pay-Roll Account facility Vijaya Global Debit cum ATM Card facility Advisory/counseling facility
Facilities for Importers Import Bills Collection Import Letters of Credit Buyers’ Credit Guarantees & Stand-by LCs Forward Contracts Other facilities available to importers Net Banking facility Pay-Roll Account facility Vijaya Global Debit cum ATM Card facility Advisory/counseling facility
VijayaForex Resident Loan (VFRL) Corporate customers can avail term loans in foreign currency denominations, namely USD, GBP or EUR known by the name VijayaForex Resident Loan (VFRL). Loan period can be from 3 months up to 10 years based on customer’s requirement with flexible repayment options. Interest rate is based on the LIBOR rate of the currency involved. VFRL can be can be availed from any of our B – Category branches of Vijaya Bank.
Remittance facilities available for Residents for the purpose of - Travel abroad on private visit Travel abroad for business purpose Medical treatment abroad Facilities available to students for pursuing their studies abroad. Employment Abroad Gift/donation Emigration Maintenance of close relative abroad Liberalised Remittance Scheme (LRS) Capital Account Transactions
VIJAYA BANK • Vijaya Bank is a PAN India Institution, serving diverse sectors of the society. • The Bank offers a bouquet of innovative and attractive products and services to its customers. It has also incorporated a host of latest Digital Banking products, to provide the best services to its customers. Digital Banking services are: • VPAYQWIK • Mobile Banking • Net Banking • Vijaya UPI • Twitter bankingand many more… For details, visit: https://www.vijayabank.com