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3rd October 2016, 08:44 AM
Super Moderator
 
Join Date: Aug 2012
Re: State Bank Of India Foreign Exchange

The approximate exchange rates displayed below are applicable to the funds transfer requests processed in India for the respective date

Please note that these exchange rates are applicable to fund transfers requested on this remittance portal only.

For USD (Date: 12/09/2016)

Amount Premium Exchange Rate with Premium

USD 50 - 2500 NIL 66.15

USD 2501 - 5000 0.05 66.20

USD 5001 & Above 0.1 66.25

Exports Related Transactions

ITEM

CHARGES/COMMISSION

1. Export Bills purchased/

Negotiated/discounted

a. Processing charges for each foreign currency export bill:

• For bills upto US$5000

• For bills over US$5000


Rs.600/-

Rs.1200/-

b. Processing charges for each rupee export bill


0.30%; Min. Rs.600/- per bill

c. 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/-

d. Reimbursement charges under Letter of Credit

Upto US$5000
Above US$5000 & upto US$ 1 lac
Above US$ 1 lac


Per reimbursement

Rs.600/-

Rs.1200/-


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