Funds Transfer from Abroad

Wire transfer is one of the easiest offline ways for sending remittance to India

Initiate a wire transfer with your local bank.
Ensure that the following details are mentioned in the wire transfer instructions (MT103 SWIFT message format) to your local bank.

Field Number	Field Description	Details to be entered
50 F	Remitter details	Account number, name and address of remitter with local Bank
54 A	Receiver's correspondent i.e. correspondent bank details of Saraswat Bank Click here	1. Account number of Saraswat Bank with its correspondent bank. 2. SWIFT code of correspondent bank. 3. Name and address of correspondent bank.
57 A	Account with institution i.e. details of beneficiary’s bank	1. SWIFT code of Saraswat Bank (SRCBINBB_ _ _) 2. Choose SWIFT code of Forex Centre near to the Beneficiary Click here
59	Details of the Beneficiary	1. Beneficiary’s account number with Saraswat Bank. 2. Beneficiary’s account name and address with Saraswat Bank.
70	Purpose of Remittance	State purpose of transfer. (Specify if meant for ‘FCNR New Deposit’).

Locate Us