Indian Banks

#3, Raffles Place ; 'Bharat Building'
Singapore 048617 ; Post Box-1611
e-mail: ucobank@mbox5.
singnet.com.sg
Fax: (0065)5325044 ; Tel: (0065)5325944
Chief Executive: Mr. P K Tagore

Serangoon Road Branch
26/28 Dunlop Street ; Serangoon Road
Singapore 0820 ; Fax: (0065)2963925
Tel: (0065)2931133
Chief Manager : Mr. D.K.Chhabra

Top Management
Chief Executive: Mr. Pradip Kumar Tagore (Singapore Operations)
Phone: (65) 65325054 (DID)
Fax: (65) 6532 5044
Email: chief@ucobank.com.sg

Chief Manager: Mr. N. Senapati
Phone: (65) 65350676 (DID)
Fax: (65) 65322852
Email: general@ucobank.com.sg

Senior Management/Heads of Front-Line Departments
Retail/Consumer Banking:
Joint Manager: Mr.Baldev Singh
Phone: (65) 65324014 (DID)
Fax: (65) 6532 4851
Email:

ICICI Bank product and services suite includes:

Providing comprehensive financial solutions to companies both in India and in the Asia-Pacific Region;
Syndicating loans for companies in the Asia - Pacific banking market
Providing trade finance & services to support India's trade with Singapore and other countries in the Asia-Pacific region;
Building treasury operations in Singapore that will complement and support ICICI Bank's international operations

Providing a comprehensive suite of innovative deposit products to clients.

Sending Money to India

POSB Remittance Centre is a facility brought to you by ICICI Bank in association with DBS Bank, Singapore. This centre allows you to send money to India through specific branches. This remittance centre would accept instructions for remitting money to India for both customers as well as non-customers of POSB/DBS and ICICI Bank.

EASY – fill up a simple Remittance Instruction Form and hand over the same along with cash at the counter. Alternatively, for POSB/ DBS customers the deposit slip can be mailed through a self addressed envelope provided by the Remittance Centre

FAST – InstaTransfer remittances credited within 3 working hours. SpeedTransfer remittances paid to beneficiary on next working day (account credited or DD issued) Money can be transferred by Debit to a POSB / DBS account or by NETS.i.e. you have an option of a cash-less transaction

Savings Bank Deposit Accounts in USD and SGD currencies.
Current Deposit Accounts in all major currencies.
Fixed Deposit Accounts at attractive interest rates in all major currencies
With automatic rollover on maturity.
Call Deposit Accounts in US Dollars .
Singapore Dollar Deposits held By/For an Individual/s or a Charity will be Insured upto the limits specified in the Deposit Insurance Act.
We welcome enquires, email us at deposits.sg@bankofindia.co.in

1.)Foreign Currency Non-Resident Account in designated currencies (FCNR)
2.)Non-Resident External Rupee Account (NRE)
3.)Ordinary Non-Resident Rupee Account (NRO)

Head Office Address :
Bank of India ,The Corporate Office ; 138, Robinson Road; #01-02-03/01;
Corporate Office Building; Singapore 068906
Phone : 0065 62220011
Fax : 0065-62271275
Telex : RS21482BOISING
Swift : BKIDSGSG

Indian Overseas Bank: The first Indian bank to commence operations in Singapore, IOB had set shop in February 1941. It offers full range of banking services with specialization in retail banking services, remittance services, trade finance services and credit services.

Savings Bank
Savings Bank accounts can be opened by individuals either singly or in joint names
Savings Bank account can be opened in SGD and USD
Photo Copies of Passport / IC / Employment Pass to be submitted. Original documents should be shown at the time of verification
Minimum deposit of S$ 500/- for opening Savings Bank account in SGD and USD $ 500 for opening Savings Bank account in USD
Minimum balance of SGD $100/- and/or USD $100/- should be maintained
Interest is paid half yearly in the months of June/December at prevailing rate
Cash Withdrawal by way of a cash withdrawal form
If Minimum Balance is not maintained, Bank has the discretion to close the a/c and refund the balance after deducting our service charges
Savings Bank account should be strictly maintained as personal account and not for business transactions.
Customers to advise change of address promptly.
Notification to customers will be by post and the last given address will be deemed to be the actual address.
Customers have to keep track of their accounts and make sure deposits or withdrawals are made periodically once every three months at least in order to keep account operative. Charges will be levied to keep account operative once account becomes inactive.
For closing an account there will be a fee of SGD10/-
Bank reserves the right to recover or adjust any incorrect entry to account.
Customers are requested to check all entries in passbook and will be deemed to be correct if not notified within 14 days.
For USD accounts, deposits in USD will be subjected to lieu of exchange of 1% and withdrawal in US Dollars depends on the availability of US Dollars with bank.

Cheques can be deposited into these accounts for local clearing / foreign collection.

Current Account
Current Account can be opened either singly or in joint names for Private Individuals. Accounts can also be opened for Private Limited Companies / Partnership / Limited Companies / Societies and Sole Proprietor.Photo Copies of Passport / IC / Employment Pass to be submitted. Original documents should be shown at the time of verification .

Check List for opening Limited Companies Account.
Memorandum and Articles of Association.
(Duly signed by the Directors in the first and last page)
Certificate of Incorporation
Instant Information from Registrar of Companies
Resolution for opening and operating the account
Introduction by current account holder acceptable to the bank
Photocopies of Identity Card/Passport of all the Directors
Check List for opening Partnership Account
Copy of Partnership Agreement
Certificate of Registration
Instant Information from Registrar of Companies
Rubber Stamp with Designation
Introduction by Current Account holders acceptable to the Bank
Current Account can be opened in SGD and USD.
Minimum deposit of $1000 for SGD or USD for corporate accounts and $500 for private individuals opening in SGD or USD
Minimum balance equivalent to the deposit amount to be maintained, otherwise a charge of SGD/USD 10 will be charged as service charge.
Cash Withdrawal by way of a cheque.
Cheque books will be issued to the Account Holder
There will be service charges on closing of account
Customers to advise change of address promptly.
Notification to customers will be by post and the last given address will be deemed to be the actual address.
Customers have to keep track of their accounts and make sure deposits or withdrawals are made periodically once every three months at least in order to keep account operative. Charges will be levied to keep account operative once account becomes inactive.
Bank reserves the right to recover or adjust any incorrect entry in the account.
Customers are requested to check all entries in statement and will be deemed to be correct if not notified within 14 days.

Customers are required to place a minimum of SGD5,000/-. Deposit can be placed in various major currencies.Board rates are applicable up to SGD50,000/- and anything above will be referred to the dealer.
Acceptance of large deposits will be at the sole discretion of the bank.
Individuals can open fixed Deposit accounts either singly or in Joint names. Companies and Societies can open fixed Deposits also.
Photo Copies of Passport / IC / Employment Pass to be submitted. Original documents should be shown at the time of verification
Deposits can be placed for various periods as prevailing at the time of opening of Deposit account.
1% penalty will be levied for premature closure of the Deposit.
Change of address should be communicated promptly.
Notification to customers will be by post and the last given address will be deemed to be the actual address.
For USD accounts, deposits in USD currency will be subjected to levy of exchange of 1% and withdrawal in US Dollars depends on the availability of US Dollars with bank.
Guarantee letter against Fixed Deposits for child education available on request at a fee. Statements for Income Tax purpose also available at a fee.
Receipts will be given the next working day and can be requested to be collected by hand or posted.

Remittance
Customers can remit funds in major dealing currencies to many parts of the world.
Demand drafts can be made out in USD, INR, AUD, GBP and other currencies.
Telegraphic transfers and Mail Transfers in Rupees for transfer to Rupee Account with our various branches in INDIA can be made.
SWIFT Facility provided for speedier transfer of remittances in various currencies
Cashiers Order or Pay Orders can be purchased

Payment in Singapore dollars via MEPS for speedier local remittances available.

Trade Finances
IOB offers various services under our Trade Finance Portfolio.

Letter of Credit-
L/C opening
L/C confirmation
L/C Advising
Import Bills Negotiation-
Trust Receipts
Collection Trust Receipts
Shipping Guaantees
Export Bills Negotiation-
Usance and Sight Bills not under L/C
Usance and Sight bills under L/C
Buyer's Credit
Discounting of Acceptances
Collection Bills-
Usance and Sight Bills not under L/C
Usance and Sight bills under L/C
Cheques
Please contact our Trade Finance Section at

For complete list of branches and latest interest rates on NRE / FCNR deposits, please visit our web site http://www.iob.com

Main Branch
Indian Overseas Bank,
64, Cecil Street
IOB Building
Singapore - 049711
Tel: 62251100 Fax: 62244490
Monday to Friday - 9.30AM to 3.00 PM
Saturday - 9.30AM to 12.30 PM
Sunday - Closed for Business

IOB Remittance Center
94, Serangoon Road
Singapore - 217999
Tel: 62941385
Fax: 62941307
Wednesday to Sunday - 2.30 PM to 8.00 PM
Monday - 2.30 PM to 6.00 PM
Tuesday - Closed for Business

IOB Boon Lay Remittance Center
Blk221, #01-156 Boon Lay Place
Boon Lay Shopping Centre
Singapore - 640221
Tel: 65130250 Fax: 62641879
Working Hours: - 3.00 PM to 8.30 PM
Monday - 5.00 PM to 8.30 PM
Thursday - Closed for Business
Code No. 503

Complete Address:
IOB BUILDING
64 CECIL STREET
SINGAPORE 049711
Gram : OVERIND
Telex 23098 OVERIND
27215 OVERFX
SWIFT CODE:   IOBASGSG
Fax 62244490(Main)
62237154(CES)
63241418(Trade Finance)
62240286(Retail)

Email
Chief Executive:   iobchief@iob.com.sg
Asst General Manager : iobagm@iob.com.sg
CE Secretariat:   iobces@iob.com.sg
EDP iobedp@iob.com.sg
Credit: iobcredit@iob.com.sg
Forex Settlement : iobforex@iob.com.sg
Trade Finance : iobtrade@iob.com.sg
Retail: iobretail@iob.com.sg
Accts/staff/recon: iobaccounts@iob.com.sg
Internal audit iobaudit@iob.com.sg

Telephone Nos
Telephone - Main 62251100
Chief Executive 62230407
Asst. General Manager 63724435
Manager(Trade) 63724419
Dealer 63724405
Manager(System) 63724420
Manager(Audit) 63724416
Manager(Forex Settlement) 63724417
Deputy Manager(Credit) 63724403
Asst. Manager(Accounts) 63724412
Asst. Manager(Retail) 63724428

Residence Phone Nos:
Chief Executive: 64405741
Assistant General Manager: 62422193

Banking Hours Weekdays : 9.30 am to 3.00 pm
Saturday : 9.30 am to 12.30 pm
Working Hours Weekdays : 8.45 am to 6.00 pm
Saturday : 8.45am to 2.15 pm
Holiday: Sunday

Non-Resident Savings and Term Deposit accounts in rupees in various branches in India can be opened through us. Guidance for remittances and account opening will be provided at our Branch. Minimum INR1000/- for opening a NRE/NRO Savings Account and INR10,000/- for opening a Deposit Account. Two passport size photographs and photocopy of Employment Pass / Work Permit / Passport / IC are required. The original documents are to be submitted for verification. In the case of opening of new accounts, commission of S$ 5.00 waived and only S$ 3.00 collected for courier charges. Deposits in Foreign Currencies can be opened in designated / authorised dealer branches.

iobtrade@iob.com.sg or call us at 6372 4419 or 6372 4417
Business : Commercial/Corporate Lending

COMMERCIAL LENDING
Business is a cyclical activity. We understand the peaks & troughs in the commercial environment. Hence, the importance of timely liquidity to ensure a steady growth in revenue for companies. At IOB, we endeavour to assist your different business needs via our financial services.

Trade Financing - Export
Trade Financing – Import
For Non-Resident Indians in Singapore

For USD accounts, Currency deposits will be subjected to lieu of exchange of 1% and withdrawal depends on the availability of US Dollars with the bank.

Fixed Deposits

Remittance Centre
120 Serangoon Road ; Singapore 218025
(Opposite to Veerakalimman Temple)
Tel: 65-63924164.

INDIAN OVERSEAS BANK

Facilities to NRIs:

Opening of various types of deposit accounts at our Indian branches such as

1.)Demand Drafts in INR, USD, GBP and other major currencies.
2.)Instant funds transfer to our 1500 branches through CBS network.
3.)Mail Transfers to our branches in India and overseas centers in all major currencies.
4.)Wire Transfers via SWIFT to all major centres.
5.)Cashier's Order.

BOI offer the following Remittance Services at highly competitive rates:

OTHER SERVICES

Twin Currency Plan
A highly attractive product with option and high interest rate allowing you to place funds and avail the benefit of higher interest rate on your funds by choosing to receive proceeds on maturity in any of the agreed currencies. You can place funds in any major currency (Minimum US$ 100,000 or equivalent) for a specified period at an agreed interest rate and an agreed conversion rate. At that time you will also mention alternate currency in which you choose to accept the funds in case of Bank exercising the option on the date of maturity.

Remittance Services

BOI offers the following Deposit Schemes:

Bank of India established its first foreign branch in London in 1946 followed by Osaka and Tokyo branches in 1950. Singapore Branch was established as the fourth foreign branch of the Bank in 1951. Over fifty years of experience in global banking has endowed the Bank with strong asset and correspondent relations with leading International Banks

Best exchange rates
Need not have a bank account in Singapore
The remittance can be made to both ICICI Bank as well

Address
ICICI Bank Ltd.
9 Raffles Place
# 50-01 Republic Plaza
Singapore - 048619
Phone:(+65) 6723 9288
Fax:(+65) 6723 9268

BANK OF INDIA
Bank of India was founded on 7th September, 1906 by a group of eminent businessmen in Mumbai (previously known as Bombay), India. Prudence and high standard of customer service have been the corner stones of the Bank's growth during these 102 years. Today, the Bank ranks as a premier bank with over 2865 branches in India and 25 foreign branches/offices with an asset base of more than USD 32 Billion as on 31st March 2007. Corporate credit, export finance, forex and care for customer have created a strong brand equity for Bank of India.