Forward Contracts & Remittances
Protect your profit margins from the roller-coaster of currency markets. A Forward Contract allows you to lock in an exchange rate today for a transaction that will happen in the future.
Key Features
- Zero Cost to Set Up: No upfront premium (unlike Options).
- Customizable: Match the maturity date exactly to your expected payment date.
- Stability: Eliminates the risk of a sudden Rupee depreciation/appreciation.
Cross-sell Opportunity: Pair a Forward Contract with an Import LC to fix your total landed cost of goods.
Receive overseas funds seamlessly with swift processing and expert regulatory support.
Key Features
- Quick and hassle-free receipt of international payments.
- Competitive foreign exchange rates.
- Support for export proceeds and permissible inward remittances.
- Provide Disposal Instructions Online through SBMeTrade
Make secure and efficient global payments with ease and confidence.
Key Features
- Fast and reliable overseas fund transfers through SWIFT.
- Competitive foreign exchange rates.
- End-to-end assistance on documentation and regulatory requirements.
- Upload your Transaction documents anytime and from anywhere online through SBMeTrade.
NEVER SHARE your Card Number, CVV, PIN, OTP, Internet Banking User ID, Password, or URN with anyone, as it can lead to unauthorised access to your account. | DIAL 1930 FOR ONLINE FINANCIAL FRAUD. REPORT ANY CYBERCRIME AT WWW.CYBERCRIME.GOV.IN | Dear Customer, in line with RBI regulation, if there are any changes/updates in the KYC documents you previously submitted with the Bank, please provide the updated documents within 30 days of such changes | Scams and Precautionary Measures.
Request a call back
SBM Bank (India) Ltd is registered with DICGC for the deposit insurance scheme under the DICGC Act 1961. For more information you can visit https://www.dicgc.org.in/ Or Scan the QR code