#

service charges

Announcements

Fixed deposits can be made for a minimum of 6 months and above. View More...

Bank of India, Paris also extends personal loans to French residents against FCNR deposits held in India. For further details please contact our credit team at 01.42.66.60.42 View More...

Service charges for remittances will be the same for all customers including Saral account holders. For remittances to other banks by NEFT/RTGS, applicable charges will be levied. View More...

The exchange rate for INR remittances is subject to change during the day as per the prevailing market conditions .For remittances above € 10.000, customers are requested to contact the remittance de View More...

We wish to inform our customers that Bank of India, Paris has stopped INR remittances by cash deposits w.e.f. 24.04.2017. Customers who wish to remit money to their accounts in India can do so eithe View More...

Remittence form

View More...

Exchange Rates

Service Charges Revised WEF 15.02.2014.

Virements/swift from indian branches or correspondent banks(ORTT/import payments):

(Amount in Euros)

   SLAB Present Proposed Remarks
(€uro) (€) (€)
1 Upto 100 10 10 *
2 101-   1000 20 20  
3 1001- 5000 30 34  
  5001-10000 30 36  
4 10001-30000 30 40  
5 30001-50000 40 50  
6 50001-70000 60 70  
7 70001-100000 70 80  
8 100000-300000 100 110  
9 300000-1000000 100 120  
10 >1000000 100 130  
 

*Note: 1. For messages with ‘Our’ extra: 50% of charges applicable.

ICL –Inward receipts for Indian Branches or correspondent banks

S.No Slab Present Proposed
1 UPTO 1000 10 15
2 1001-10000 20 20
3 10001-50000 40 40
4 50001-100000 60 60
5 100000-300000 100 105
6 >300000 100 110

TT (Foreign currency)

S.No Slab Present Proposed-Individual Present Business ProposedBusiness
1 Upto 1000 20 20 30 30
2 1001-5000 30 30 40 40
3 5001-50000 50 50 60 60
4 50001-100000 50 70 80 80
5 100000-300000 100 105  100 105
6 >300000 100 110 100 110

Remittances (INR):

S.No Type Present: Proposed: Present  Proposed
(€) INDIVIDUAL(€) BUSINESS(€) BUSINESS(€)
1 MT(Other bank) 20 € 20/- 30/- 30/-
2 WT(our bank) Upto 1000/-: € 10 Upto 1000/-: € 10 30/- 30/-
    >1000/-     : € 15 >1000/-     : € 15 30/- 30/-
3 DD 25 € 25 30/- 30/-
4 PAN-DD 40 Min.€ 20 or actual Min.€40 or actual Min.€20 or actual

Cheque

Issuance of Cheque de Banque : € 25/-
Cheque collection:  
S.No  Slab(€) Within France Outside France  (€)
(€)
1 Upto 100   5 10
Up to 1000 15 20
2 1001-10000 25 30
3 >10000 50 60
4 Bulk collection-A/cs : -Local Paris clearing: 3/- per Cheque  As above
-France: as above

Deposits/accounts:

S.No Type Individual Business
1 Minimum balance in a/c 300 1000
2 Monthly service charge for not keeping minimum balance 5 10
3 Cheque book charges(First free) 10/- 20/-
4 Cheque returned unpaid 25 40
5 Deposited Cheque returned unpaid 10 10
6 Closing of a/c within 3 months 20 50
7 Listing of stop payment 10 20
8 Cancellation of stop payment/Direct debits 10 25
9 Cash handling charges(other than remittances) 2 per thousand 3 per thousand
10 Copy of Cheque 15 20
11 Duplicate Statement of account > 6 months old 10 per page 10 per page
12 Investigation/Query of account 5 10
13 Legal notice/Garnishee/Tax /Tresor public seizure etc. 25 25
14 Opening/ Renewal of NRE/NRO/ FCNR A/c Free  
(only postal charges of EUR 25 will be charged)  
15 Attestation of signature/ pass port/ address/ credit related documents proof- If advised by our Indian branch (only postal charges of EUR 25 will be charged)  
16 Live- certificate for pensioners Free  

Other Services including clearing / cash/credit report:

Services not specified earlier  EURO Actual or 25 min. Actual or 25 min.

Manager is allowed to use discretion to give concession/waive depends on merit.

LC business/Trade Finance:

S.NO. NATURE CHARGE (Euro) Minimum (Euro) Remarks
    Existing  Proposed Existing  Proposed  
1 LC pre-advice 50 60 50 60  
2 LC Advising 0.10% 0.10% 150 200  
3 LC Amendment 100 120 100 120  
4 LC Negotiation 0.20% 0.20% 150 200  
5 LC Confirmation 0.20% 0.20% 250 300  
6 LC Acceptance 0.10% 0.10% 100              (max:500) 150              (max:500)  
7 LC Reimbursement          
  Upto 100,000 150.00 200.00 150.00 200.00  
  Upto 1,000,000 300.00 300.00 300.00 300.00  
  More than 1 Mn. 500.00 500.00 500.00 500.00  
8 Suppliers Credit Under LC/Bills discounting under LC Discounting @L+Rate…+ LC Charges or All in cost in big deals Discounting @L+Rate…+ LC Charges or All in cost in big deals HC: 500 for each LC or LC charges HC: 500 for each LC or LC charges  
9 Import LC Commision 2% p.a. 2.5% p.a. 200.00 250.00  
10 LC issuance 0.00 0.00 200.00 250.00  
11 Bills retirement under LC 0.15% of bill amount 0.20% of bill amount 200.00    
  Add:          
  Handling charges     100.00 150  
  Courier/post     100.00 100  
  Swift     100.00 100  
  Misc./correspondence     200.00 200  

Guarantees Issued/Extn:

S.NO. Item CHARGE (Euro) Remarks
    Existing  Proposed Existing  Proposed
1 BG Issuance/Extn charge 200      
2 BG Amendment charge 200      
3 *BG Commission:        
  Counter guarantee of our Indian Branch/Acccetable Banks 1.50% p.a. Min 300 1.50% p.a. Min 350    
  Other Banks 2% p.a.-min 300 2% p.a.-min 350    
  Customer with TDR (110%) 1% p.a.-min 200 1% p.a.-min 250    
  Customer counter Guarantee/other security 2% p.a.-min 300 2% p.a.-min 350 Investigation or correspondence Euro 200 extra Investigation or correspondence Euro 200 extra

Processing charges of loans:

CHARGE (Euro)   Remarks  
Existing  Proposed Existing  Proposed
Minium 0.50% Minium 0.50% Minimum: 50 Max: Negotiable Minimum: 80 Max: Negotiable

Legal/Document Charges:

Actual or 500 minimum (wherever service required) Actual or 500 minimum (wherever service required)

Note:

  1. Service charges are subject to review/revision at the discretion of Bank from time to time with 15 days' notice on Bank web site or Branch Notice Board.
  2. Branch Manager is empowered to allow/revise concessions with 15 days' notice for special customers depending on merit.