TMB has always been offering HIGHEST RATE of INTEREST on DEPOSITS and is also known as the BEST INDIAN BANK for NRI DEPOSITS.
Yes, we are a strong 98 year old scheduled commercial bank & authorized dealers in foreign exchange. See below info to know more about us…
Learn more about the Forex Outward Remittance Services from TMB.
Tamilnad Mercantile Bank offers various methods for complete outward forex remittance service through a global tie up with many international banks spread across the globe. Through these correspondent banks, funds can be transferred to any account anywhere globally from your account with us.
Any person / resident in India is permitted to make the following outward remittances in foreign exchange:
|Remittance Type||Amount (USD)|
|Tourism / Year||10,000.00|
|Gift/Donation per Remitter/Donor||5,000.00|
The person’s who intend to make foreign travel may approach our branches for purchasing foreign currency notes and foreign currency travellers cheques. We are offering competitive rates for the sale of foreign currency notes / foreign currency travellers cheques.
Click Here if you are a student and plan to go abroad for further studies. We have attractive offers for students going abroad.
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