International Remittance

INWARD REMITTANCE

Inward remittance is a transfer of money from overseas bank to MOB bank with the purpose of receiving fund for trade, services, investment, working capital, company expense, commission fees, tourism business, salary, donation, capital brought in, doing business etc.,

• 10(USD,EUR,SGD) for Inward Remittance

Required Documents

• Application Form with company Letter Head
• Form(C) / Form (E)
• Export Declaration(ED)
• Documentary Evidence for Remittance Information

OUTWARD REMITTANCE

Outward remittance can be used for Trade, Non Trade and Advance Payment.

• 0.125% on Outward Remittance Amount will be collected as remittance fee.
  (Note: Minimum 25(USD, EUR, SGD))
  Swift charges – 3(USD, EUR, SGD)

Required Documents

Outward Remittance for Trade

• Application Form with company Letter Head
• Outward TT Application Form
• Form Thaka
• Import License
• Import Declaration (I/D) / Release Order/ Receipt of import declaration
• Bill of Lading (B/L) (or) Air Waybill (or) Cargo Receipt
• Commercial Invoice
• Packing List
• Sufficient Bank Balance

Outward Remittance for Advance TT (Trade)

Certain amount of Advance TT service will be provided to our valued customers.

CORRESPONDENT BANK LIST