SWIFT Wire Transfers
SWIFT is one of the fastest and most secured mode of transmission of financial messages between Banks and Institutions. CSB has arrangements with over 11 major banks across the globe to receive SWIFT messages, which ensures safe and secure remittance to your CSB account from any place of your choice.
The money transferred through SWIFT wire transfer mode is expected to be credited to the beneficiary account within 48 hours. All you need is to send a wire instruction from your local bank overseas to the beneficiary sitting in India.
Fund transfers are made through safe and secure channels.
Widely accepted banking system worldwide among banks and financial institutions
This is the most convenient channel for opening FCNR Deposits.
We facilitate International fund transfers at competitive exchange rates.
From the time you place the funds transfer request with your local bank, it takes 24-48 banking hours for the funds to reach our account held with our correspondent bank. The Wire transfer will be processed and the money will be transferred to your beneficiary account in 2 hoursâ€™ time, provided you furnish the required documents to your Branch.
To make remittances to India from any part of the world, instruct your bank abroad in the following format:
PLEASE REMIT:__________ ( Currency & Amount ) TO:__________ (Please quote the appropriate Correspondent bank name and swift code from above list, depending on the currency of remittance) FOR CREDIT OF: CSB BANK LTD,INTERNATIONAL BANKING DIVISION,MARKET ROAD,ERNAKULAM,INDIA A/C NO. __________ (Please quote our A/C number from above list ) , SWIFT : CSYB IN 55 , FOR FURTHER CREDIT TO : _______________ (Ultimate beneficiary Name &Address ) ACCOUNT NUMBER :___________ (Please quote ultimate beneficiaryâ€™s account number) WITH CSB BANK LTD __________ (Branch where account is maintained ), QUOTING: __________ ( Please quote instructions to beneficiary / remittance information/Purpose /FCNR etc. )
|Swift Field||Swift Field Particulars||Details to be furnished|
|56 A||Intermediary Institution||Swift Code : SCBLUS33 (Standard Chartered Bank) Routing No : 026002561|
|57 A||Account with Institution||Swift Code : CSYBIN55 (CSB Bank Ltd.) A/C No : 358 202 174 4001|
|59||Beneficiary Customer A/c||Beneficiary A/c No. with CSB: â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦.. Beneficiary Name and Address: â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦.. CSB Branch: â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦.|
|70||Remittance Information||Please provide the Purpose of remittance / Disposal Instructions here.
|71||Correspondent Bank Charges||OUR|
CSB has correspondent banking arrangements (Nostro Accounts) with 11 reputed International banks across the world to deal in 9 major global currencies. We would undertake transactions in other currencies also under a multi-currency conversion mechanism.
Click here for the List of Correspondent Banks.