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List of Correspondent Banks
List of Correspondent Banks
CSB has correspondent banking arrangements (Nostro Accounts) with 11 reputed International banks across the world to deal in 9 major global currencies. We would undertake transactions in other currencies also under a multi-currency conversion mechanism.
- Please ensure that Beneficiary details such as Name, Bank Account Number, Email ID, Address/ Contact number and Purpose of Remittance is mentioned in the wire transfer message sent by your local bank for smooth and timely processing of the transaction.
- Kindly mention Charges as "OUR" in the wire transfer message.
- CSB's SWIFT Code - CSYBIN55
Please note that there is no separate SWIFT code for our individual branches. The above mentioned CSB SWIFT code can be used for remitting funds to any of our branches in India. - For timely credits to your beneficiary account you must provide the purpose of remittance.
- While remitting funds for FCNR deposit, please mention ‘FCNR’ in Field 70 of SWIFT message, to avoid the funds getting converted to INR.
- The Card Rate prevailing on the date of credit to customer account would be the applicable exchange rate.
- Your local bank, its Correspondent Bank and other Banks in the payment chain, if any, may levy charges for the wire transfer.
- The Remittances through these Nostro accounts will be subject to applicable rules and regulations of countries involved as well as policy of respective banks from time to time.
