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Remittances 

  REMITTANCES
  Issuance of Draft/ TT/ Telex & Fax Transfers
2.1 Draft /TT/ Telex FCY (incl. INR)
For Import Purpose
0.25% or minimum Rs 750/- for each Draft / TT/ Telex (plus communication charge as per STC)
2.2 Draft / TT/ Telex FCY
For other purpose
0.20% or minimum Rs 500/- for each FCY Draft / FCY TT/ FCY SWIFT (plus communication charge as per STC)
  Note: Correspondent Banking Charge for USD Draft - USD 5.00 per draft in addition to above charges.
  Correspondent Banking Charge for EURO Draft - EURO 25.00 per draft in addition to above charges.
2.3 2.3.1 NPR Draft /TT/ SWIFT/ IPS 0.10% or minimum Rs 250/-
  2.3.2 Inter Branch Fax Transfer 0.10% or minimum Rs. 250/-
2.4 Draft/TT/Telex INR (For other purpose) 0.10% or minimum Rs 200/- for each Draft / TT/SWIFT (plus communication charge as per STC)
2.5 Cancellation and amendment  
2.5.1 Cancellation of Draft/ TT/ Telex Rs 500/- flat per instrument plus communication charges as per STC.
2.5.2 Amendment of payment instructions Rs. 100/- per instruction plus communication charges as per STC.
2.6 LCY/ FCY Inward Remittances 
2.6.1 Customers   Free
2.6.2 Non – Customers / Tourists 0.10% or minimum Rs 250/- if paid in LCY.
2.6.3 Transfer to another Bank 0.10% or minimum Rs 500/-
2.6.4 Follow up TT/ Telex/ SWIFT/on remittances at customer’s request Rs 500/- per page plus other bank’s charges plus and communication charges as per STC.
2.7 Nostro Cover
2.7.1 Refund of Inward Payment & Nostro Cover USD 25/- or equivalent (plus other bank charges, if any and communication charges as per STC).
2.8 Local Inter Bank Transfers (at the request of one bank to another)
2.8.1 If the beneficiary is the bank Free
2.8.2 If the beneficiary is the third party 0.10% or minimum Rs 500/- per transfer
2.9 Cheque Purchase
2.9.1 FCY Cheque Purchase
(subject to limit / approval)
a. Deposit on LCY Account
1% or minimum Rs 500/- plus postage for 21 days. Overdue charges @ 18% p.a. from day 22 to the date of realization plus communication charges, if any.
b. Deposit on FCY Account
1% or minimum Rs 500/- plus postage for 21 days. Overdue charges @ 5% p.a. from day 22 to the date of realization plus communication charges, if any.
2.9.2 Return of Purchased Cheque  a. Deposit on LCY Account
Interest @ 18% p.a. from the date of purchase or minimum Rs 500/-  (plus other bank charges and communication charges as per STC)
b. Deposit on FCY Account
Interest @ 5% p.a. from the date of purchase or minimum Rs 500/-  (plus other bank charges and communication charges as per STC)
2.10 Cheque Collection / Clearing
2.10.1 Local Clearing Cheque Charges as charged by NCHL.
2.10.2 Inter Branch Collection Rs 100/- Flat.
2.10.3 Inward Cheque Collection (except Local Clearing) LCY / FCY Rs 500/- plus communication charge as per STC.
2.10.4

2.13         
Cheque Collection Outward (LCY/FCY)

Charges For Dividend and IPO refund from NCHL
Rs 500/- plus communication charge as per STC.
   
Price Scheme    Price 2(P2)
Upto 500           2
501-5,000           7
5,001-50,000           25
50,001-5,00,000           25
5,00,001-50,00,000           30
>50,00,000           50
  
 
 


Kumari Bank