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  #2  
7th December 2015, 11:47 AM
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Re: Foreign Exchange Rate Of Punjab National Bank

Please let me know if there are any special rates for Punjab National Bank for Foreign Exchange as I like to open an account in India & am located in US?
  #3  
7th December 2015, 11:48 AM
Super Moderator
 
Join Date: Aug 2012
Re: Foreign Exchange Rate Of Punjab National Bank

There are no special exchange rates for foreign exchange with PNB, the amount you deposit I US currency will be converted into Indian Rupees at the current prevailing rates.

Punjab National Bank is comprehensively catering to banking needs of Importers & Exporters, predominantly relating to foreign exchange business - Imports & Exports of Goods & Services and Remittances etc. including for Overseas Direct Investments etc.

A Centralized Help-desk is well-designed for providing guidance / attend queries about Bank’s Schemes / products relating to foreign exchange business.

The Bank charges for utilising the Forex Exchange Services which have been attached in the below image

https://pnbindia.in/new/Upload/En/Fo...24.12.2013.pdf
image

The concerned persons / firms / Companies may contact the Bank’s Centralized Help desk, for their requirements etc. The contact details of this Forex Help-desk are appended.

Forex. Help Desk, Punjab National Bank
Centralized Back Office for Trade Finance-Forex,
9th Floor, DCM Building,Barakhamba Road,
New Delhi (India) - 110 001 ( FAX: 011-23755647 )
E-mail ID nb.forexhelpdesk@pnb.co.in

Nodal Officers :

(1) Mrs. Meena Kapoor,
Senior Manager
(Ph. No. 011-23320743 )
(2) Sh. Rajesh Meena,
Senior Manager
(Ph. No. 011-23755645 )
  #4  
5th March 2016, 11:20 AM
Unregistered
Guest
 
Re: Foreign Exchange Rate Of Punjab National Bank

Sir I want to know that what is the Foreign Exchange Rate Of Punjab National Bank so can you please provide me the same
  #5  
5th March 2016, 12:28 PM
Super Moderator
 
Join Date: Apr 2013
Re: Foreign Exchange Rate Of Punjab National Bank

Punjab National Bank is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India.

Founded in 1894, the bank has over 6,300 branches and over 7,900 ATMs across 764 cities.

Punjab National Bank, is extensively catering to banking needs of Importers & Exporters, particularly relating to foreign exchange business - Imports & Exports of Goods & Services and Remittances etc. including for Overseas Direct Investments etc.

Foreign Exchange Rate Of Punjab National Bank

A EXPORT

Bills purchased/discounted/negotiated

Processing charges for each foreigncurrency export bill Upto USD 5000 or
equ.-Rs 600/-flat Above USD5000 or equ.- Rs.1200/-flat

Processing charges for each Rupee export bill - Upto Rs.2.50 lacs -Above Rs
2.50lacs- Upto Rs.10lacs -Over Rs.10 lacs Rs.600/- flat per bill Rs.1200/-flat per
bill @0.125% of the bill amount

Forwarding export documents to another bank due to reasons such as LC
being restricted to the later or the LC has been confirmed by that Bank 0.30% of
bill amt with a minimum of Rs.1000/ per bill

Reimbursement commission is to be recovered when reimbursement under LC
is claimed from another bank in India Rs.1500/- flat per bill

For joining customer's guarantees and giving guarantees on behalf of
customers in respect of discrepant documents. 0.30% of the bill amt with a min
of Rs.1000/- per bill.

In case of overdue export bills purchased/ discounted/negotiated where
proceeds are not received in Nostro a/c on or before the due date (Including deferred
exports).




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