Inward Remittances

our inward remittance and residential forex services

Learn more about the Forex Inward Remittance Services from TMB.

Inward Remittances

Tamilnad Mercantile Bank offers complete inward forex remittance service through a global tie up with many international banks spread across the globe. Through these correspondent banks, funds can be transferred from any account anywhere globally to your account with us anywhere in India.

We are having a worldwide network of premier correspondence banks for speedy and easy transfer of funds. To transfer your funds anywhere in the world to India, instruct to your bankers to give instructions through SWIFT as per the following format:

Inward Remittance Format:

Table showing the fields that are mandatory for a proper Inward Remittance
Field No.Description
  • Above fields are mandatory for proper credit in beneficiary account here in India.
  • Above Format is a partial sample format. Additional Details may be required by the Ordering Institution / Sender's Correspondent Banks.
50Ordering Customer
52aOrdering Institution
53a / 53dSender’s Correspondent Bank
54a / 54dReceiver’s Correspondent Bank
57a / 57dAccount with Receiver’s Correspondent Bank
58Beneficiary Account No.
59Beneficiary Account Name
70Details of Payment
72Sender to Receiver Information

Inward Remittance Sample:

Table showing the fields that are mandatory for a proper Inward Remittance
Feild No.Sample Description
  • Above fields are mandatory for proper credit in beneficiery account here in India.
  • Above Format is a partial sample format. Additional Details may be required by the Ordering Institution / Sender's Correspondent Banks.
50Mr. XYZ, Sanfrancisco, USA
52aBank Of New York, Sanfrancisco, USA
53a / 53dIrvtus3n (Swift Code) (or) Bank Of New York, New York
54a / 54dBofcus33 (Swift Code) (or) Bank Of California International, New York
57a / 57dTmblinbbche (Swift Code) (or) /91-168138-1121 (A/C No.), Tamilnad Mercantile Bank Ltd, International Banking Division, Chennai, India.
58/400286 (Account No. of Mr. B, Nagerkoil)
59Mr. B, Nagerkoil
70Advance Remittance / Gift / Donation As The Case May Be.
72Being the advance payment sent for order no. so and so...

NOSTRO: These accounts are Foreign Currency accounts maintained by us abroad. If the instructions are given as mentioned above, we will be able to apply the funds immediately on receipt of our account. The remittances can be made through the NOSTRO accounts for the credit of your account with us. For further details you can email us at: