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Write a local cheque in Europe and remit funds to India with Cheque LockBox. Avail of this facility to credit funds directly to the beneficiary's account in HDFC Bank.
Cheque LockBox is more economical than a SWIFT remittance and a safe and efficient means to remit funds to India.
All you need to do is fill in a Cheque Box deposit slip, attach a currency cheque and post it to a local mailbox. Through a central cheque collection system, our Correspondent Bank collects it, sends it to for local clearing on the following working day and on receiving the funds, we credit the beneficiary's account.
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Mailing address for Euro* cheques/drafts
ABN AMRO Bank Germany
C/o HDFC Bank
OPS-GTS cheques LBx
P.O.Box 10 01 38, 60001 Frankfurt
Germany.
* Euro cheques need to be endorsed for processing
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Duration for clearance
Approximately 8 international working days for a cheque payable in Germany and approximately 18 international working days for a non-Germany cheque from the date it is lodged with the clearing house.
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Benefits |
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Convenient - Post the cheques from the comfort of your home |
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No Limits - Remit as much as you need to |
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Superior Exchange Rates - Get more rupees on your Remittances |
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