Money Transfer
Direct credit to your accounts in
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India
   -Instant credit to All Branches in Punjab National Bank.  Free!!
   -Branches of all other banks including the RTGS network.

Nepal
   -Everest Bank Limited. Free!!

Issue of Drafts on India.
SWIFT based Money Transfer accross the globe.
Issue of Pay Order for payment within UK.
Money Transfer & Remittance Form.

Conversion Rates
Conversion Factor Buying * Selling *
GBP/USD 1.46000 1.52000
GBP/EUR 1.07000 1.1300
EUR/USD 1.3300 1.3900
USD/INR 44.900 0.00
Type of TransferGBPUSDEURO
Money transfer to India where the beneficiary has an account with PNB Free Free Free
Non PNB Account Transfer to beneficiary's account outside PNB (Minimum £10/$20/€16 and Maximum £25/$50/€40) 0.1%0.1%0.1%
INR Demand draft for money transfer£5$10€8
INR Demand draft for money transfer (including postage to Indian address) £10 $20 €16

Cash handling charges @ £2.00 per 1,000 or part thereof
PNBIL is a UK incorporated banking subsidiary of Punjab National Bank, India (PNB). PNBIL is Authorized and Regulated by the Financial Services Authority. PNBIL is a member of the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS). PNBIL is authorised for accepting deposits by the Financial Services Authority (FSA).
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