Foreign Exchange

The Mahanagar Bank is as authorized dealer in Foreign Exchange. We are holding Authorized Dealer – 2 licenses. We offer all types of Foreign Exchange Services through our authorized AD-1 foreign exchange dealers.

Foreign Exchange Services offered by the Bank includes :
  1. Buy & Sale of Foreign currency notes & travelers cheques
  2. All types of clean outward remittances such as remittances for higher studies, medical treatment abroad, business trips, tourism, Employment / immigration, gifts, donations and remittances under Liberalized Remittance Scheme etc.
  3. Import services such as outward remittances for import purposes, handling of import documents, establishment of Foreign Letter of Credit, issuance of Foreign Bank Guarantee, Buyers Credit, etc.
  4. All types of clean inward remittances such as remittance for family maintenance, gift, donation, etc.
  5. Export Services such as handling of inward remittances received as advance against export, handling of export document, Pre shipment and Post shipment Export Credit facility in INR / Foreign Currency.

For more information please contact our forex department, on mail id- forex@mahanagarbank.in or mahanagarbd@mahanagarbank.in

List of our foreign currency accounts with foreign banks or foreign branches of nationalised banks:
  • Currency
  • Name of the Bank
  • SWIFT Code
  • Account Number
  • GBP
  • COMMERZ BANK AG, Frankfurt
  • COBADEFFXXX
  • 400875132300
  • GBP
  • COMMERZ BANK AG, Frankfurt
  • COBADEFFXXX
  • 400875132300
  • GBP
  • COMMERZ BANK AG, Frankfurt
  • COBADEFFXXX
  • 400875132300
  • GBP
  • COMMERZ BANK AG, Frankfurt
  • COBADEFFXXX
  • 400875132300

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