Credit & Forex

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Credit & Forex

Kindly be informed that @ has been replaced with (a) in the E-mail IDs for security reasons. You may directly click the link while sending an email.
However, in case you are typing the E-mail ID instead of directly using the link, kindly note to replace (a) with @. Thank you.

Credit & Forex

  • Letter of Credit (L/C)- Opening / Confirmation/Advising
  • Financing of Import transactions - Loans/Trust Receipts
  • Collection of Bills - Imports / Exports
  • Shipping and other Guarantees
  • Negotiations of Export documents at fine rates
  • Risk participation / Discounting of Acceptances - under LCs of major banks
  • For more information, email us at tfimp.sg(a)bankofindia.bank.in / tfexp.sg(a)bankofindia.bank.in

Kindly be informed that @ has been replaced with (a) in the E-mail IDs for security reasons. You may directly click the link while sending an email.
However, in case you are typing the E-mail ID instead of directly using the link, kindly note to replace (a) with @. Thank you.

documents

43428

0

SERVICE_CHARGES_01.06.2024.pdf

4697696e-60b4-1055-0df0-67f703274be0?t=1772461572077

Schedule of Charges

(w.e.f. 01.06.2024)

(636.964 KB)

documents

43428

0

Schedule_of_CHARGES_TRADE_FINANCE_w.e.f_01042026.pdf

2b491d46-7f0f-0339-83a3-f7ae2cf967ea?t=1772462181705

Schedule of Charges

(w.e.f. 01.04.2026)

(439.031 KB)
 

Foreign Exchange Rate

The rates updated as on 16/03/2026.

Foreign Exchange Rates In SINGAPORE Dollars

CURRENCY UNIT BANK BUYS BANK SELLS
INR - Indian Rupees 100 1.3714 1.4075
USD - US Dollar 1 1.2691 1.2947
GBP - Sterling Pound 1 1.6815 1.7155
AUD - Aust Dollar 1 0.8842 0.9112
EUR - Euro 1 1.4521 1.4814
LKR - Sri Lankan 100 0.4037 0.4201
HKD - Hong Kong Dollar 100 16.1298 16.6211
JPY - Japanese Yen 100 0.7959 0.8120
CHF - Swiss Franc 1 1.5986 1.6473
NZD - New Zealand 1 0.7321 0.7543

Foreign Exchange Rates In US Dollars

CURRENCY UNIT BANK BUYS BANK SELLS
USD/INR 1 91.1824 93.9596
Note: For attractive exchange rate(s) please contact our Dealers at 65894057, 65894052.