- The
following remittance facilities are at present available :-
- For
the General Public:--
- Telegraphic
Transfers and Bank Drafts for transfers between places
where the State Bank has its own offices or is represented
by its National Bank agencies will be issued without limit
at the following rates:
| Over
Rs. 5,000/00 |
00.03%
(minimum Rs. 3/00) |
| Upto
Rs. 5,00/00 |
00.06%
|
| Minimum
Exchange:-- |
|
| Telegraphic
Transfers |
Re
1/00 |
| Drafts |
Re
0/25 |
Actual
telegram charges will be charged in addition.
- Telegraphic
Transfers and Bank Drafts for transfers to and from places
where the State Bank is represented by Treasury Agencies,
will be issued at the rates shown in 1A(1) above, but subject
to the following restrictions:
The
maximum drawings for each form of remittance on any one day,
which, may not be exceeded without the express sanction of the
Currency Officer, will be as follows:
| At
or on a Sub-Treasury |
Rs.
25,000/- |
|
|
|
|
.
. . .
At
or on a Treasury (not being
Sub-Treasury
) except on the
State
Bank . . . . . . Rs. 1,00,000/-
At
a Treasury on the State Bank . . without limit.
Drawings
will not be subject to any minimum
B. For the Scheduled Banks:--
- A
Scheduled Bank is entitled to remit money by Drafts, Mail
and Telegraphic Transfers between its accounts at the offices
and agencies (other than Treasury Agencies) of the State Bank
as follows:--
- In
multiples of Rs, 1,000/00 between its accounts at the offices
and branches of the State Bank, free of charge, subject to
a minimum remittance of Rs. 10,000/00.
- Twice
a week sums in multiples of Rs. 1,000/00 from any place where
there is an agency (other than Treasury Agency) of the State
Bank to any account which it maintains with the State Bank,
such remittances being permitted
to each of its offices, branches, sub-offices, pay offices
free of charge, subject to a minimum remittance of Rs. 5,000/00.
- Other
remittances to an account which it maintains with the State
Bank from any place where there is an agency (other than Treasury
Agency) of the Bank at a charge of 00.02 per cent subject
to a minimum of Re.1/00.
- All
remittances through the State Bank or its agencies (excepting
Treasury Agencies), other than those covered by (a), (b) and
(c) above, in farvor of itself at the following rates:
Upto
Rs. 5,000/00 . . 00.03%
(minimum
Re. 1/00)
Over
Rs. 5,000/00 . . 00.02%
(minimum
Rs. 1/50)
Actual
telegram charges will be charged in addition.
- Telegraphic
Transfers, Mail Transfers and Drafts through the State Bank
and its agencies including Treasury Agencies will be issued,
subject to the limits on drawing on Treasury Agencies, at
the following rates:--
- Favoring
itself or other banks including Co-operative Banks and Societies
at the rates laid down in item 1(d) above,
- Favoring
other parties:__
Upto
Rs. 5,000/00 . . 00.06%
(minimum
Re. 1/00)
Over
Rs. 5,000/00 . . 00.03%
(minimum
Rs. 3/00)
Actual
telegram charges will be charged in addition.
|