An Outward Remittance is a transfer of money in foreign exchange, by a resident in India or an NRI to a beneficiary situated outside the country (except for Nepal and Bhutan) for a purpose as approved under FEMA (Foreign Exchange Management Act).
CSB offers a convenient and well equipped International fund transfer service. We have correspondent banking arrangements with reputed International banks across the globe for all major currencies. Now, Remit money abroad to your loved ones for more than one reason: Maintenance of close relative, Education, Medical purpose, Gifting or Donation etc.
You can remit money abroad through following modes:
If you are planning to travel abroad, it is a good idea to carry some local cash with you. Click here to know more on how to get Foreign Currency Cash.
CSB has Correspondent Banking arrangements to deal in global currencies. Click here for the list of Correspondent Banks.