International Banking at Vijaya Bank

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International Banking at Vijaya Bank
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International Banking

• Vijaya Bank is authorized to deal in foreign
  exchange since 1971 and is classified as an
  Authorized Dealer - Category I bank.
• Handles all types of foreign exchange business
  such as exports, imports, remittances,
  non-resident accounts, letters of credit bank
  guarantees.

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International currencies Vijaya Bank handles

• U. S. Dollar (USD)
• Pounds Sterling (GBP)
• Euro (EUR)
• Japanese Yen (JPY)
• Canadian Dollar (CAD)
• Australian Dollar (AUD)
• Singapore Dollar (SGD)
• Swiss Francs (CHF)
• UAE Dirhams (AED)

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Facilities for Exporters

• Advising and confirming Export Letters of Credit
• Export Bill Collection
• Financing of Exports
• Rupee Export Credit
• Pre-shipment Credit
• Post-shipment Credit
• Foreign Currency Export Credit
• Pre-shipment Credit in Foreign Currency (PCFC)
• Post-shipment Credit in Foreign Currency (PSCFC)
• Non-Fund based facilities
• Guarantees
• Import/Inland Letters of Credit
• Forward Contracts
• Other facilities available to exporters
• Exchange Earners Foreign Currency (EEFC) account
• Net Banking facility
• Pay-Roll Account facility
• Vijaya Global Debit cum ATM Card facility
• Advisory/counseling facility

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Facilities for Importers

• Import Bills Collection
• Import Letters of Credit
• Buyers Credit
• Guarantees Stand-by LCs
• Forward Contracts
• Other facilities available to importers
• Net Banking facility
• Pay-Roll Account facility
• Vijaya Global Debit cum ATM Card facility
• Advisory/counseling facility

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Vijaya Forex Resident Loan (VFRL)

• Corporate customers can avail term loans in
  foreign currency denominations, namely USD, GBP
  or EUR known by the name Vijaya Forex Resident
  Loan (VFRL).
• Loan period can be from 3 months up to 10 years
  based on customers requirement with flexible
  repayment options.
• Interest rate is based on the LIBOR rate of the
  currency involved.
• VFRL can be can be availed from any of our B
  Category branches of Vijaya Bank.

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Remittance facilities available for Residents for
the purpose of -

• Travel abroad on private visit
• Travel abroad for business purpose
• Medical treatment abroad
• Facilities available to students for pursuing
  their studies abroad.
• Employment Abroad
• Gift/donation
• Emigration
• Maintenance of close relative abroad
• Liberalised Remittance Scheme (LRS)
• Capital Account Transactions

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VIJAYA BANK

• Vijaya Bank is a PAN India Institution, serving
  diverse sectors of the society.
• The Bank offers a bouquet of innovative and
  attractive products and services to its
  customers. It has also incorporated a host of
  latest Digital Banking products, to provide the
  best services to its customers.
• Digital Banking services are
• VPAYQWIK
• Mobile Banking
• Net Banking
• Vijaya UPI
• Twitter banking and many more
• For details, visit https//www.vijayabank.com

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THANK-YOU