Apna Bank has been granted AD-II License by Reserve Bank of India to release/remit Foreign Exchange for a wide range of Non-Trade Current Account Transactions.

• Opening of Inland and Import Letters of Credit
• Issuance of inland and Foreign Guarantees
• Local Letter of Credit (LC) Bills Discounting.
• Collection of Inland Bills.
• Export Finance - Extending Packing credit and Post-shipment credit in Rupees and Foreign currency to Exporters at attractive Interest Rates.
• Handling Import Bills under Letters of Credit.
• Import Finance - Arranging Buyer ’ s Credit for financing Import Bills.
• Import Advance Remittances.
• Import Bills for collection.
• Booking of Sale & purchase Forward Exchange contracts to hedge exchange rate risk.
• Foreign Inward Remittances & Foreign Outward Remittances by SWIFT for instant payments.
• Release of Foreign Exchange for Foreign travel - Private & Business visits abroad, overseas education, medical treatment, employment, emigration & a host of purposes approved by RBI.
• Issue & Encashment of Foreign Currency notes (US Dollars, GB pounds, Euro & several other currencies).
• Issue of Forex Travel Cards in Multi Currencies (US Dollars, GB pounds, Euro & many other currencies).
• Issue of Foreign Currency Traveller ’s Cheques in major currencies.
• Issue of Foreign Demand Drafts (US Dollars, GB pounds, Euro etc).
• Miscellaneous Forex Services - Collection & Purchase of Clean Personal Cheques, Demand Drafts, Traveller ’ s Cheques & International Money Orders - In foreign Currencies payable abroad.
  

  OUR STRENGTHS

• Centralised Foreign Exchange Department with excellent infrastructure at Mumbai. 
• Dedicated and trained staff geared to render personalised customer service.
• Simple procedures with minimum documentation for speedy processing of transactions.
• Competitive Foreign Exchange rates for Exports, Imports & Remittances.
• Reasonable service charges, without any hidden costs for forex