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image  AUTHORISED DEALING BRANCHES

CORRESPONDENT BANKING

Union Bank of India has correspondent banking relationship with more than 1100 international banks over 90+ countries. The banks are selected with great care to ensure that our customers get the best and most reliable service in the foreign lands at most competitive rates.

A wide network of correspondent banks helps our customers in the following ways:

Our Importer clients can have their import LCs established through us and advised by our correspondents spread over the globe. As our bank has good standing in the international market, the LCs established by us are accepted internationally. Nonetheless in case the supplier wants our LCs to be confirmed by a bank in the country of the supplier, our correspondents will be pleased to add their confirmation to the LCs established by us.
Outward Remittances towards imports payment and for other purposes will be effected with ease as per FEMA regulations.
Quick collection of Export Bills and clean instruments through the wide network of correspondents.
Our adequate drawing arrangements with a number of our correspondents. Remittances by way of DD / TT /FLASH/ Swift can be effected through any of our correspondents worldwide.
We also have Nostro Accounts in most of the permitted currencies. You can remit funds to India in any of these currencies by instructing to your bankers abroad to remit the funds to our Nostro Account maintained in that particular currency. Full details of your account in India in any of our branches or with any other bank may kindly be furnished along with your payment instructions. It is also requested that the purpose of the remittance be stated so that the funds can be disposed accordingly.

List of NOSTRO accounts is as under:

Sr. No.

Currency

Account Number

Name of Nostro Bank

SWIFT Code

1

USD

6550692276

BANK OF AMERICA N.A- NEWYORK

BOFAUS3N

2

10929227

CITIBANK N.A. - NEW YORK

CITIUS33

3

0011407368

JPMORGAN CHASE N.A - NEWYORK

CHASUS33

4

3582091780001

STANDARD CHARTERED BANK - NEWYORK

SCBLUS33

5

8033163429

THE BANK OF NEWYORK MELLON - NEWYORK

IRVTUS3N

6

2000193008506

WELLS FARGO BANK INTERNATIONAL, NEWYORK

PNBPUS3NNYC

7

36397212

CITIBANK N.A. - NEW YORK

Not for Customers

Only for UBI internal use

8

6550592083

BANK OF AMERICA N.A- NEWYORK (eCB Nostro)

Not for Customers

Only for UBI internal use

9

36153818

CITIBANK N.A. - NEW YORK (eAB Nostro)

Not for Customers

Only for UBI internal use

10

GBP

43156664

BARCLAYS BANK PLC - LONDON

BARCGB22

11

33916800

DEUTSCHE BANK, LONDON

DEUTGB2L

12

00264243

HSBC BANK PLC (FORMERLY MIDLAND BANK) - LONDON

MIDLGB22

13

0444019

NATWEST (NATIONAL WESTMINSTER BANKPLC) - LONDON

NWBKGB2L

14

01708176601

STANDARD CHARTERED BANK

SCBLGB2L

15

EUR

0210483300

BARCLAYS BANK IRELAND PLC, FRANKFURT

BARCDEFF

16

100 953408200

DEUTSCHE BANK - FRANKFURT

DEUTDEFF

17

6231608842

J P MORGAN AG, FRANKFURT

CHASDEFX

18

001016201290

SOCIETE GENERALE S.A , PARIS

SOGEFRPP

19

018146210

STANDARD CHARTERED BANK

SCBLDEFX

20

50040000/400875085300EUR

COMMERZBANK - FRANKFURT

COBADEFF

21

FR7630056008290829000025518

HSBC CONTINENTAL EUROPE

CCFRFRPP

(Under Process- not Live)

22

AED

1001396447

COMMERCIAL BANK OF DUBAI, DUBAI

CBDUAEAD

23

1261048513901

EMIRATES NBD BANK PJSC DUBAI

EBILAEAD

24

SAR

55535337000105

NATIONAL COMMERCIAL BANK - JEDDAH

NCBKSAJE

25

CAD

31441046065

BANK OF MONTREAL, TORONTO

BOFMCAT2

26

0360-01-2253335

TORONTO DOMINION BANK

TDOMCATT

27

SGD

1013991346

UNITED OVERSEAS BANK LTD SINGAPORE

UOVBSGSG

28

037000366-2

DBS SINGAPORE LTD

DBSSSGSG

29

JPY

424123401000008

BANK OF INDIA - TOKYO

BKIDJPJT

30

5358

SUMITOMO MITSUI BANKING CORPORATION

SMBCJPJT

31

HKD

6896015267.00

JPMORGAN CHASE BANK N.A , HONGKONG

CHASHKHH

32

AUD

202945AUD00001

ANZ BANK (AUSTRALIA & NEW ZEALAND BKG GROUP LTD)- MELBOURNE

ANZBAU3M

33

CHF

02300000086131050000Z

UBS (UBS GROUP AG), ZURICH

UBSWCHZH80A

34

0070001299247

ZUERCHER KANTONAL BANK, ZURICH

ZKBKCHZZ80A

35

NOK

7001.02.04176

DEN NORSKE BANK - OLSO

DNBANOKK

36

SEK

39527907365SEK

NORDEA BANK AB -STOCKHOLM

NDEASESS

37

ACUD

1977938

BANK OF CEYLON - COLOMBO

BCEYLKLX

38

ACUD

IDA1192905

MYNMAR FOREIGN TRADE BANK - YANGON

MFTBMMMY

39

ACUD

15000480401

STANDARD CHARTERED BANK, PAKISTAN

SCBLPKKX

40

ACUD

05150250020001

SBI DHAKA

SBINBDDH

(Under Process- not Live

41

NZD

202945NZD00001

ANZ BANK (AUSTRALIA &NEW ZEALAND BKG GROUP LTD)- Auckland

ANZBNZ22058

42

MYR

1196516001

INDIA INTERNATIONAL BANK MALAYSIA- BERHAD (IIBMB)

IIMBMYKLXXX

(Under Process- not Live)