General Purpose

The SWIFT Inward and Outward Transaction Services are specifically designed to facilitate seamless, secure, and efficient international banking transactions for your convenience.

Features and Benefits

  • Quick and Secure Transactions
  • Global Reach 
  • Convenience
  • Multi-Currency

1. Inward Telegraphic Transfer (via SWIFT)

Receiving international payments via a telegraphic transfer typically across international borders

1.1 Necessary Information for International Money Transfers

• Swift Code – SRUDMMMY

• Beneficiary Account Number

• Beneficiary Account Name

• Remittance Information

1.2 Necessary Documents for Capital Injection/ Investment

• ROC- Registration of Company

• MIC permit (if company is under) MIC

1.3 Fees and Charges

USD 10.00 (or) equivalent amount of USD 10.00 with SGD/EURO/INR transactions

2. Outward Telegraphic Transfer (Via SWIFT)

Transferring money via telegraphic transfer from a sender’s bank account to recipient’s bank account

2.1 Necessary Documents for Non-Trade

• TT Application Form

• Cover letter with company Letter Head

• Supporting documents as per remittance information

2.2 Fees and Charges

• TT Charges – 0.125% (mini USD 25.00)

• SWIFT Charges – USD 3.00

• Bank Charges – Mini USD 10.00

• Amendment & Enquiry – USD 20.00