Remittance Products

Speedy delivery and receipt of money globally.

Why choose these products?

  • 1

    We offer Forex facilities through all HDFC Bank Branches

  • 2

    We offer services at competitive rates and charges

  • 3

    Our products are categorized based on your location and urgency with which you want to transfer the money.


Speedy delivery and receipt of money globally

Telegraphic Transfers:

With HDFC Bank Telegraphic Transfers, you can easily transfer a wide range of foreign currencies. We also have multiple correspondent bank tie-ups for major currencies

Inward Remittance:

Just walk into your Bank abroad with the details of yourremittance and ask them to remit the funds to us, through any of our below mentioned correspondent Banks across the world, and we will credit your or your beneficiary's account or open a Rupee or a Foreign Currency Fixed Deposit as required by you.

Outward Remittance

Send money abroad for reasons more than one: education, medical purpose, gifting, and maintenance for Close Relative or donation for a cause. Our extensive network gives you the reach to most parts of the world.

Foreign Currency Demand Drafts

The best way to send money when you need to send an exact amount

Click here for the List of Our Correspondent Banks

Features and Benefits:

Low Charges: The Charges for Issuing a Demand Draft is Lesser as compared to sending a remittanceremittance are also different..

Choice of Multiple Currency: We have an arrangement to issue FCY Demand Draft in 10 foreign currencies which are payable in your respective locations, namely AUD, CAD, USD, NZD, SGD, HKD, CHF, GBP, EUR, JPY

Protection Against exchange rates Volitality: Save yourself from the risk of varying exchange rates. The demand draft issued to you is in the Foreign Currency. Hence, no risk of exchange rates Volitality after you have taken the draft

Foreign Currency Cheque Collection

You can directly deposit your foreign currency cheques, foreign currency demand draft and Travellers Cheques in to your saving or current account. We will have the cheques sent for collection and the funds will be credited to your account in Indian Rupees

Features and Benefits:

Choice of Multiple Currency: We have an arrangement to collect Cheque in 14 foreign currencies which are payable in your respective locations, namely USD, GBP, EUR, CAD, SGD, AUD, NZD, HKD, CHF, SEK, NOK, AED ,SAR, ZAR

Lock Box Facility: Lock Box is a low-cost remitting facility that provides for fast, safe and efficient transfer of funds to any HDFC Bank customer or for booking of a fixed deposit, through a central cheque collection system based in the US and Europe.With this service, you just have to drop the cheque favoring HDFC Bank in your country and save transit time for cheque to travel to India. Click here for more information

Click here to find out Turn Around Time for FCY cheque collection


  • The Card Rate prevailing on the date of credit to customer account would be the applicable exchange rate
  • In addition to the above mentioned period, date of credit to customer account would include transit time to correspondent bank
  • Cheques drawn in one currency payable in another country where currency is different will take a longer period to realize and would attract charges of various correspondent banks as per their own tariff schedule over which we do not have any control. For e.g. Acheque drawn in USD payable on a bank in Singapore or Cheque drawn in GBP payable on a bank in South Africa or Cheque drawn in USD payable in Canada.

Click here for Guidelines to enable faster processing

Click here for the List of Our Correspondent Banks

Return of Foreign Currency Cheque/Instrument:

Foreign currency cheque/instrument sent for collection to the Payee bank through Correspondent Bank located outside India can be returned by the Payee bank even after crediting the proceeds to depositor's account after cooling period, for whatsoever reason including but not limited to "insufficient funds", "account closed", fraudulent cheque" etc as per prevailing clearing rules / laws related to cheque collection in drawee countries.

In case of such cheque returns, the Payee bank recovers the amount of returned cheque, thus credited earlier, by debiting the HDFC Bank's Nostro account. HDFC Bank has the right to debit the depositor's account to the extent of returned cheque amount immediately (at the prevailing exchange rate) along with charges and interest from the date of credit of proceeds till the date on which amount is recovered from the depositor.

Eligibility and Documentation of Remittance Products

Get details on eligibility criteria & documents required for HDFC Bank Remittance Products

Travel Leisure- USD 10,000/year Application Form
Business- USD 25,000/trip A2 Form
Emigration for person settling Abroad USD 100,000/- Application Form
A2 Form
Employment Abroad USD 100,000/- Application Form
A2 Form
Medical Treatment USD 100,000/- and person accompanying the sick patient is USD 25,000 Application Form (patient+person accompanying)
A2 Form (patient+person accompanying)
Maintainance of Close Relative abroad USD 100,000/- per year Application Form
A2 Form
Remmitance for studies abroad for students USD 100,000/- per year Application Form
A2 Form
Investment overseas in shares, gifts and donations, etc.(under LRS only) USD 125000/- per financial year Application cum Declaration Form
A2 Form
Declaration cum Indemnity for purchase of foreign exchange under the Liberalised remittance scheme for USD 125,000

After downloading the forms, please follow these steps:

  • Download an application form to know which forms you need to fill.
  • After downloading the forms, print and complete the application form.
  • Submit the documents at any of our branches.

Please allow a week's time for us to revert on your application. Thank you for choosing HDFC Bank for your banking needs.

Have questions?