Rapid Funds2India

Rapid Funds2India

Our 'Free-n-Fast'* money transfer service to India

Bank of Baroda offers an attractive and customer friendly remittance facility to its Customers in U K called ‘RapidFunds2India’. Following are the salient features of the product :

  • Easy and hassle free money transfer service to India from any of the Bank of Baroda branches in the UK
  • 'Free and Fast’* remittance facility to over 9400 plus Bank of Baroda branches in India interconnected under the Core Banking Solution (CBS) Network. (list available at https://www.bankofbaroda.com/locate-us-branch.htm)
  • INR remittance to India is free of charge i.e. no commission where beneficiary is maintaining an account with Bank of Baroda in India. Cash handling charges would be separately levied, if the remittance is done against tendering of cash.
  • In case, the beneficiary is not maintaining an account with Bank of Baroda in India, then charges would be levied (click here for schedule of charges)
  • Speedy credit to beneficiary’s account in India. Remittance facility also available for credit to over 145,000+ branches of other banks connected under National Electronic Funds Transfer (NEFT) (list available at http://www.rbi.org.in/scripts/neft.aspx )
  • No minimum or maximum amount for transfer to a Bank of Baroda branch & to branches of other Banks through NEFT (link to schedule of charges).
  • Trade related payments not allowed.

* Terms and conditions apply

Click here to contact our UK Branches for any additional information.

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