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Forex Exchange Services
Foreign exchange made easy with TJSB Forex
- FEATURES
- IMPORTS
- EXPORTS
- REMITTANCES
- FOREX CARD RATES
- Money Transfer Service Scheme ( MTSS)
- Forward contract
- Forex Service Charges
- Form Center
- FAQ
- Contact Details
- IBD Escalation Matrix
- Opening NRO (Rupee) / NRE (Rupee) at all branches and handling of NRO/ NRE repatriation of funds.
- FCNR accounts at select IBD Branches for NRI.
- Handling of Inward and Outward Remittances (Trade and Non trade both).
- All types of Remittance are pertaining to Education / University Fees, Medical Expenditures, Maintenance Expenses, Permissible Investments Abroad.
- Handling of Export Documents.
- Export finance in the form of Pre-Shipment & Post-Shipment (in Foreign currency as well as in INR Concessional interest rate).
- Opening of Import letter of credit.
- Handling Import payments, Advance Import payments and Import collection documents.
- Currency changing facility at selected branches.
- Prepaid multi-currency Travel card in 15 currencies at selected branches.
- We can open a letter of credit (LC) on your behalf.*
- We handle intermediary trade transactions.
- Import related remittances for advance and direct payments in 8 major currencies.
- You can call your Direct documents through our Bank on D/P, D/A basis.
- Import & Outward Remittances SOP
**T&C Apply
- We handle all types of remittance requirement towards Education fees, Medical treatment,Family maintenance,Gift and any other purpose(permissible in LRS under FEMA guidelines).
- You can call for remittances permissible under FEMA.
- Residents can remit funds for Overseas Investment (permissible under FEMA guidelines).
- Import & Outward Remittances SOP
- Export & Inward Remittances SOP
Money Transfer Service Scheme ( MTSS)
- A convenient way of transferring personal remittances from abroad to individuals in India. (Sending money from India to Other Countries is not permitted)
- Receive money within few minutes.
- Maximum inward remittances per transaction – US $2500.
- Money Transfer up to Rs. 50000/- in Cash
Money Transfer above Rs. 50000/- by crossed DD/Pay Order/NEFT/IMPS - Maximum of 30 transactions in a calendar year.
- Available at all TJSB Branches.
- Beneficiary must be personally present at bank along with Officially Valid KYC (like Aadhaar Card, Passport, Pan Card, Photo, Voter’s Card, Driver’s License) documents (Self-attested) along with To Receive Money (TRM) Form with 10 digit MTCN number, Click here for TRM Form
- Facility not available for Minor.
What is Forward Contract?
A forward contract allows you to fix a prevailing rate of exchange for the particular period *
When is a Forward Contract useful?
Forward Contracts are used by importers, exporters or business owners looking for a higher level of certainty in their future cash flow.
Key benefits:
- Hedge against currency fluctuations / price changes
- Risk mitigation
- Customized contract
Contact Details:
- @ HO IBD (Thane) -022 69368667/619/567
- @ RMR IBD(Thane) -022 61398553/530
- @ Pune IBD -020-24231688/77
- @ Nashik IBD 0253-2375351
- @ Andheri IBD -022-28599868
| USD | EUR | GBP | JPY | AUD | CHF | CAD | SGD | |
|---|---|---|---|---|---|---|---|---|
| CURRENCY-BUY | 93.80 | 105.32 | 124.22 | 0.59 | 65.45 | 112.92 | 65.99 | 73.31 |
| CURRENCY-SELL | 99.61 | 111.87 | 131.95 | 0.63 | 69.54 | 119.87 | 70.06 | 77.83 |
| TC-BUY | 95.01 | 106.67 | 125.82 | 0.60 | 66.30 | 114.37 | 66.84 | 74.25 |
| TC-SELL | 98.40 | 110.52 | 130.34 | 0.62 | 68.69 | 118.41 | 69.21 | 76.89 |
| TT-BUY | 95.49 | 107.22 | 126.46 | 0.60 | 66.23 | 114.95 | 66.84 | 74.25 |
| TT-SELL | 97.92 | 109.97 | 129.70 | 0.62 | 68.76 | 117.83 | 69.21 | 76.89 |
| BILLS-BUY | 96.55 | 108.41 | 127.87 | 0.61 | 67.38 | 116.23 | 67.92 | 75.46 |
| BILLS-SELL | 96.86 | 108.78 | 128.29 | 0.61 | 67.61 | 116.55 | 68.12 | 75.68 |
09.10.2026 @ 10:19 AM
- Exchange rates mentioned are indicative & are subject to change as required base market fluctuations The final rate applicable unless mentioned will be the card rate prevailing at the time debit /credit to the account of the client
- Threshold for card rate is USD 5000 or any other foreign currency equivalent to USD 5000
- Indicative Rate of JPY in Hundred Unit
- We handle Foreign Inward Remittances with good exchange rates.
- We process Export collection documents and collect payments from overseas buyers on exporter's behalf in 8 major currencies.
- Disbursement of Export Preshipment and Postshipment (in INR and FCY).
- We advise export LC’s at TJSB Bank.
- Export & Inward Remittances SOP
| IBD Centers | Email ID | Contact Number |
|---|---|---|
| IBD Naupada | ibdnaupada@tjsb.co.in | 022-61398553/552/530 |
| IBD Nashik | ibdnashik@tjsb.co.in | 022-0253 2375351/52 |
| IBD Pune | ibdpune@tjsb.co.in | 020-25536319 |
| IBD Andheri | ibdandheri@tjsb.co.in | 022-28590137 |
| IBD HO- Export | ibd@tjsb.co.in | 022-69368681/ 538 |
| IBD HO - Import | importho@tjsb.co.in | 022- 69368616/619 |
| 1st Line | 2nd Line | 3rd Line | |||||
|---|---|---|---|---|---|---|---|
| Department | Task | Staff Name | Contact Number | Staff Name | Contact Number | Staff Name | Contact Number |
| IBD | Domestic Bank Guarantees | Ms Apurva Thatar | 022-69368522 | Ms. Anjali Bhide | 022-69368766 | Ms Shweta Naik | 022-69368568 |
| Ms Archana Thatte | 022-69368546 | ||||||
| Inland LC & LCs issued through other banks & SFMS messages | Ms Apurva Thatar | 022-69368522 | Ms. Anjali Bhide | 022-69368766 | |||
| Ms Archana Thatte | 022-69368546 | ||||||
| Imports | Ms. sheetal Chaudhari | 022-69368619 | Ms. Anjali Bhide | 022-69368766 | |||
| Ms Shrutika Rane | 022-69368616 | ||||||
| MTSS (Western Union Money Transfer) |
Ms. Shrutika Rane/ Ms. Sheetal Chaudhari | 022-69368616/645/541 | |||||
| Forex Treasury | Mr Vishal Wakade | 022-69368794 | Ms Pranay Sarang | 022-69368609 | |||
| Exports | Mr Siddesh Pathare | 022-69368538 | Ms. Anjali Bhide | 022-69368766 | |||
| Ms Sunayna Parab | 022-69368681 | ||||||
| Back office | Ms Vishakha More | 022-69368545 | Ms Pranay Sarang | 022-69368609 | |||
| Mr Mayur Tanksale | 022-69368544 | ||||||
| ODI/ FDI Transactions | Sheetal Chaudhari/Aditya Samel | 022-69368619/549 | Ms Pranay Sarang | 022-69368609 | |||
| ➜ | In case the query/issue do not get resolved at 3rd line, you may appraise the matter to Shri Vinayak Gore -GM at vinayak.gore@tjsb.co.in | ||||||
“Information relating to Daily Fx Card rates, charges, documentation requirements and other applicable terms and conditions for cross-border foreign exchange transactions and services of member banks is available on the website of the Foreign Exchange Dealers’ Association of India (FEDAI). Customers may access the relevant information through the Member Banks Information Hub.”
DETAILS OF NOSTRO ACCOUNTS
| Curr | Correspondent Bank | SWIFT/BIC | Account No |
|---|---|---|---|
| CHF | Commerzbank AG, Germany | COBA DE FF | Account Number: 400875122400CHF |
| EUR | Commerzbank AG, Germany | COBA DE FF | Account Number: 400875122400EUR |
| GBP | Commerz Bank AG, Germany | COBADEFF | Account Number: 400875122400GBP |
| JPY | Bank of India, Tokyo | BKID JP JT | Account Number: 424123401000023 |
| AUD | Commerz Bank AG | COBADEFF | Account Number: 400875122400AUD |
| USD | Bank of India, New York | BKID US 33 | Account Number: 121121604447049, ABA ROUTING NO: 026005458 |
| USD | State Bank of India, New York | SBIN US 33 | Account Number: 77607046920001, ABA ROUTING NO: 026009140 |
| AUD | State Bank of India, Sydney | SBINAU2S | Account Number: 30113037320001 |
| SGD | Commerz Bank AG, Germany | COBADEFF | Account Number: 400875122400SGD |
| CAD | Commerz Bank | COBADEFF | 400875122400CAD |
| EUR | STATE BANK OF INDIA, FRANKFURT, GERMANY | SBINDEFF | Account Number: DE9850 3300 0000 8085 0034 |
