Learn more about the Forex Outward Remittance Services from TMB.
Tamilnad Mercantile Bank offers various methods for complete outward forex remittance service through a global tie up with many international banks spread across the globe. Through these correspondent banks, funds can be transferred to any account anywhere globally from your account with us.
Any person / resident in India is permitted to make the following outward remittances in foreign exchange:
|Remittance Type||Amount (USD)|
|Tourism / Year||250,000.00|
|Gift/Donation per Remitter/Donor||250,000.00|
|Medical Treatment Abroad||250,000.00|
The person’s who intend to travel abroad may approach our nearest branches for purchase of our own multi-currency prepaid travel cards. We are offering competitive rates for the sale of multi-currency prepaid travel cards.
Click Here if you are a student and plan to go abroad for further studies. We have attractive offers for students going abroad.