Corporation bank forex department

Forex.

Corporation Bank has a wide range of forex services to offer for both business and non business needs.

The Bank undertakes Collection/Negotiation/discount of Export Bills. The Bank offers to advise Export Letters of Credit and also add confirmation thereof. The Bank arranges external commercial Borrowings The Bank offers all types of credit facilities to exporters and importers, including foreign exchange denominated finance to resident entities. The Bank offers inward and outward foreign exchange remittance services for travel, medical and other personal requirements. The Bank issues travellers cheques, in foreign exchange and deals in foreign currency. Nation-wide network of 66 designated branches handling foreign exchange business, covering important business centres in India List Of Forex Branches.

Instructions for transfering funds from Overseas centers.

For transfering funds from overseas centers, the remitter must instruct his banker to remit the amount to our nostro account maintained with various banks in respective currency. ie, USD amount in USD currency account, GBP amount in GBP currency account etc. The names of the banks, account number and currency for five major currencies are available on this website . (For other currencies customers can contact the branches where they maintain the account or send a request here.) The request for fund transfer may be on the following lines. Remit. (Currency and amount). to . (Name of the nostro bank). A/C no;. (nostro account No).

For Furhther credit to . (Mention the name of the branch where the account is maintained).

A/c No. (A/c no of the beneficiary) . of Mr. (Name of the Beneficiary). for the purpose of . (Purpose of Remittance).

SWIFT Code of Corporation bank is CORPINBB. The respective branch code given in the list of branches may be added for faster processing, (eg: For Panjim, SWIFT code is CORPINBB 259. For Rajkot SWIFT code is CORPINBB 191)

For further clarifications send or fax to International Banking Division Mumbai at 91-022-22023378, 22814728.

1. Pre-shipment Finance (Packing Credit) Fund Rupee denominated credit USD/EURO/GBP denominated credit-PCFC/FCLS(from FCNR (B) funds) 2. Post-shipment Finance Rupee denominated credit Negotiation of bills-under LC Purchase/discount of bills Rupee advance against collection bills USD denominated credit Ex. Bill Rediscounting FCLS.

RMDS:2000 (Reuter Monitor Dealing System) for online dealing operations enabling the bank to make available to clients competitive exchange rates.

NAS (Network Access Server) - remote login facility to customers to have direct access to computer network at International Banking Division, Mumbai for picking up online forex rates, placing clients on an advantageous platform especially when ratres are volatile.

SWIFT - (Society for Worldwide Interbank Financial Telecommunication) network is presently available at International Banking Division, Mumbai. 31 designated branches are on SWIFT network so as to render speedy and prompt transactions and services.

E-mail connectivity to all the branches of the Bank enabling superior service and a speedy reach.

Telex / fax / lease line connections to branches as standby communication mode .

Forward Contracts EEFC accounts Issue of Guarantees-Performance/Bid Bonds Advisory Services/Foreign Exchange Risk Management The Bank extends extensive financial assistance to high growth sectors like Garments, Software, Gem & Jewellery, Dyes and Chemicals. Export credit has been identified as a thrust area and as a pioneering bank in financing Gem and Jewellery, the Bank in 1980's has won the award instituted by the Gem and Jewellery Export Promotion Council for five consecutive years. A special Diamond Cell at Overseas Branch, Mumbai extends dedicated services to Gem and jewellery exporters in Mumbai.

In addition to pre-shipment finance in rupee as well as foreign currency, the Bank extends customer specific credit facilities like arranging buyers line of credit, ECBs etc. The Bank has already made an impact in the market by extending foreign currency loans, out of FCNR(B) funds, to resident constituents at internationally competitive rates.

Single window facilities for corporates at specialised Industrial Finance Branches at Mumbai, New Delhi, Bangalore, Ahmedabad and Pune. The bank sells foreign currency TCs of American Express and Travellex. Full fledged dealing room operations enables the bank to offer finer exchange rates to clients. The integrated domestic and forex treasury operations has enabled the Bank to cope up with the demands and challenges in the ensuing liberalised atmosphere. A forceful presence in interbank market empowers the bank to meet diverse needs of forex clients. Prudent ALM practices followed to ensure efficient use of forex resources. Correspondent banking relations with reputed banks across the globe - relations with 160 banks, covering over 395 offices/centres. Technology edge for superior service - The Bank has computerised forex operations at its International Banking Division, Mumbai as well as at various Designated Branches. Excellent housekeeping track record for hassle free services.

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Corporation Bank Customer Care Number 24 Hours Toll Free Helpline No, Contact Us.

Corporation Bank Customer Care Number.

Corporation Bank is a public-sector banking company and its headquarters are in Mangalore, India. Here we are going to share Corporation Bank Customer Care Number which is accessible 24 hours for the bank’s customer. By dialing Corporation Bank Customer Care 24 Hours Toll Free Helpline No , you can ask for any help regarding services. Corporation Bank provides ATM, Credit Card, Debit Card, Corp Travel Card, Corp Prepaid Gift Cards, Internet Banking, Shares & Bonds, Retail Loans, Deposit Schemes and others services to their clients.

To be connected with the executives, you can go through the official website and hit on “Contact us” also. Customer can enjoy the services easily and if they are facing some problems or want to acquire more knowledge in this concern they can call on given Corporation Bank Toll Free Number which is well presented below along with the Corporation Bank Branch and Zonal Office Address. Move your cursor downwards and get the best solution through Corporation Bank Customer Care as soon as achievable!!

Highlights Of This Page :

Corporation Bank Customer Care Number Corporation Bank Consumer Support Number Corporation Bank Representative Offices Contact Numbers Corporation Bank Zonal Customer Care Number Corporation Bank Branch Contact Number and Address Corporation Bank Representative Offices Address Corporation Bank Designated Nodal Officials Address Corporation Bank Customer Care Address.

Corporation Bank Customer Care.

Corporation Bank Customer Care Number :

Corporation Bank Consumer Support Number :

Here we are presenting the Corporation Bank Toll Free Number along with the address to sort out your related to following services, so please have a look as soon as possible!!

080 – 26600587 / 26602500.

MANGALORE 575 001.

Corporation Bank Representative Offices Contact Numbers :

Corporation Bank Statewise Nodal Officers Customer Care Number :

Corporation Bank Zonal Customer Care Number :

Corporation Bank Branch Contact Number and Address :

Near Navrangapura P. O.

Ahmedabad -380 009.

Hardev Complex, Zone II.

Bhopal – 462 011.

Near Urmi Crossing,

Productivity Road, Akota,

No. 1/1, 2nd Main, Sampige Road,

Bengaluru – 560 003.

Kolhapur cross, P. B. Road.

Belagavi – 590 010.

New Cotton Market Road.

Hubballi -580 029.

Near Ladyhill Circle,

Mangaluru – 575 001.

Corporation Bank Marg.

P. B. No.64 Udupi – 576 101.

Chennai – 600 014.

P. B.No.6433, T. S. No.12/20.

Coimbatore – 641 011.

No.174, 10th Cross (West),

Dist: Mutharaiyur, State: Tamil Nadu.

Sunny Meads lane, Palayam,

Dist: Thiruvananthapuram, State: Kerala.

Thammanam Road, Palarivattom.

State: Andhra Pradesh.

1, Faiz Road, Jhandewalan,

New Delhi -110 005.

1, Faiz Road, Jhandewalan,

New Delhi -110 005.

Dist: Ludhiana, State: Punjab.

SCO 86, Sector 5,

Panchakula – 134 109 Haryana.

495/1, Mangal Pandey Nagar.

Dist: Meerut, State: Uttar Pradesh.

Near Nishatganj Gomti Bridge.

Lucknow – 226 001.

Kashi Plaza, 1st Floor,

Varanasi-221010 State: U. P.

Mumbai – 400 021.

2nd Floor, Opp. Suraj Water Park,

Near Kanchan Pushpa Society,

D. P. Road, Near Parihar Chowk.

Aundh Pune 411 007.

Plot No.2, EDC Complex,

Patto, Panaji Goa – 403001.

Ground Floor Kolkata -700 071.

Complex – B, Ground Floor,

Kankarbhag Main Road,

Near Nalanda Medical College,

Bahadurpur Housing Colony,

Agamkuwan, Patna-800026 State: Bihar.

I Floor Sapphire Complex,

Chapel Road P. B. No. 384.

Hyderabad – 500 001.

Shivani Towers, Godavallivari Street.

Governorpet Vijayawada – 520 002.

BMC Bhawani Enclave.

Corporation Bank Representative Offices Address :

NRI Cell, Head Office, Mangaldevi Temple Road,

Mangaluru – 575001, Karnataka, India.

Corporation Bank Head Office Mangla Devi Temple Road, Pandeshwar.

Mangalore: 575 001.

Bangalore: 560 004.

NRI Help Desk, 1st Floor, Earnest Building.

Mumbai – 400 021, India.

# 203, 2nd Floor, Toronto Building, P O Box No. 241646, Bur Dubai, UAE.

Printing House, 6 Duddell Street, Central, Hong Kong.

UAE Exchange – Sharjah Main Branch,

Post Box No – 3851,

UAE Exchange – Mussafah II (Sector 12) Branch.

Opposite Zia pharmacy, Shabiya Sector 12.

Mussafah, Abu Dhabi, UAE.

UAE Exchange P. O. Box 1825, Manama,

Kingdom of Bahrain.

Head Office, Mangaladevi Temple Road.

Mangalore – 575 001, Karnataka, India.

15, Mittal Chambers,

Mumbai – 400 021 India.

Corporation Bank Designated Nodal Officials Address :

Pan Bazar, Guwahati-781 001.

Near Jaganath Temple, Nanichhipwad, Valsad-396001.

Edc Complex, Patto, Panjim,

Ranchi Branch, 50.H. B.Rd, Tharpakhana,

Urban Estate, Sas Nagar(Mohali),160062.

Akhaura Road, Agartala,

Corporation Bank Customer Care Address :

Fine Points Related to Corporation Bank Customer Care :

Corporation Bank came into existence on 12th March, 1906 and started as Canara Banking Corporation (Udipi) Limited. In 1939, it has renamed from Canara Banking Corporation (Udipi) Ltd., to “Canara Banking Corporation Ltd”.

The bank was established by President Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur. Currently the Bank has a network of 1830 CBS branches, 1945 ATMs and 3926 Branchless Banking Units across the country.

Various facilities are provided by the Corporation Bank under Corporation Bank Customer Care i. e. consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management, Credit cards and others.

Corporation Bank has also provided Customer Care Number so that customer can contact to the bank regarding any query or complaints. In case finding any problem with customer service numbers, you may also post your complaints through the Addresses as mentioned above.

Note : You can also check the Official Website of the company for more fine points of Corporation Bank Customer Care Number or press CTRL + D also.

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2 thoughts on “ Corporation Bank Customer Care Number 24 Hours Toll Free Helpline No, Contact Us ”

Sir I have forgotten my internet banking password. Pls help. thanks.

You can call on Corporation Bank Toll free no 1800 425 2407 for help.

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Corporation bank forex department chennai.

Mobile number verification is mandatory to get your instant credit score. OTP has been sent to Change mobile number. Your OTP will be delivered within seconds. Resend OTP or Verify through missed call. Please enter the PAN and Name combination as stated in your PAN Card. We are processing your Equifax credit score request. Meanwhile, let us know more about you so that we can credit profile you better. Kindly upload your ID and Address proof to get your credit score and analysis. Enter a different mobile number that you have provided to banks recently. I don't have another mobile number. OTP has been sent to. Get IFSC code and MICR code of Canara Bank, Situated in Tamil Nadu, Located in the city of Chennai, Along with the address and contact number of that branch. CNRB and MICR Code: IFSC stands for Indian Financial System Code. It is an character alphanumeric containing both letters and numbers that gives a unique ID to every single bank branch in the country that participates in inter-bank electronic funds transfer. For instance, if you have 2 accounts in the same bank but in different branches, each branch will have a different IFSC number. You can find the most recent exhaustive list IFSC Codes for all bank branches participating in electronic funds transfer at the Reserve Bank of India. The format of this character code is as follows: The first 4 letters represent the bank name; The fifth character is 0 for future use ; The last six characters numbers or letters represent the individual branch. Anytime you want to transfer funds electronically, without using physical cheques or DDs, you will need to know to the IFSC number of both the transferring bank branch as well as the transferee branch. There are many thousands of branches that participate in electronic transfer, spread across the country. SBI alone has more than 15, branches that conduct electronic transfers. The IFS Code is a requirement for any transaction on the main electronic funds transfer systems operational in India — including RTGS Real Corporation Gross SettlementNEFT National Electronic Funds Transfer and IMPS Immediate Payment System. These systems make money transfers across the country speedier, safer and less cumbersome. All participating bank branches will also have a list of the IFSC Codes of the branches, bank-wise. Additionally, all participating banks are advised by the RBI to print the IFS code of the branch on the cheque leaf as well as in the passbook and statement of account sent to the customer. National Electronic Funds Transfer NEFT is a nation-wide payment system that enables transfer of funds from one account to another without the use of physical cheques or DDs. Under this scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate account. However, both the transferring and receiving branch need to be part of the NEFT system. There are tens of thousands of bank branches that are NEFT-enabled, spread across the country. IFSC Indian Financial System Code is an character code that serves as a unique ID for each bank branch that participates in NEFT. If you have 2 accounts in different branches of the same bank, each branch will have a different IFSC number. You need the IFSC number of your bank branch and the beneficiary branch in forex to conduct a NEFT transaction. You need to fill an application form at your bank, providing details of the beneficiary like name of the beneficiary, name of the bank branch where the beneficiary has an account, IFSC of the beneficiary bank branch, account type and account number and the amount to be remitted. The application form will be available at the originating bank branch where you have an account. If you have net banking facilities, you can carry out the funds transfer request online, without even going to the branch to fill out the form. There is a small fee depending on the amount that is being transferred. The beneficiary does not have to pay any fee. The NEFT system can also be used to pay credit card bills and loan EMIs. You will need to quote the IFSC of the beneficiary bank when initiating the transaction. NEFT is safe, chennai and quick. IFSC Indian Financial System Code is an character code. It is a unique ID for each bank branch that participates in inter-bank electronic funds transfer in the country. If you have accounts in 2 branches of the same bank, each branch will have a different IFSC number. RTGS Real Time Gross Settlement is chennai system of electronic funds transfer in India. You need the IFS code of the originating and destination branch in order bank initiate an RTGS transaction. RTGS is primarily used for large value transactions as the minimum amount is a few lakhs, while there is no upper limit. RT Real Time refers to continuous processing of fund transfer order as soon as the instruction is received and not done at a later timewhile GS Gross Settlement means that each transaction is processed individually and not bundled with other transactions. The beneficiary bank has to credit the beneficiary's account within 30 minutes of receiving the funds transfer message. For a funds transfer to go through RTGS, both the sending bank branch and the receiving bank branch have to be RTGS enabled. There are more thanRTGS—enabled branches across 30, towns and talukas in India and where you can find a list of participating branches. Amount to be remitted 2. Name of the beneficiary bank and branch 4. The IFSC Number of the receiving branch 5. Name of the beneficiary customer 6. Account number of the beneficiary customer. IMPS stands for Immediate Payment Service. It is an inter-bank electronic payment system in India and transactions can be initiated online through net banking or on phone through mobile banking. You can send and receive money between any two accounts in participating banks. The funds are credited instantly - as compared to physical cheques which can take some time to clear and for the funds to be credited to the account. It is an character code containing both letters and numbers that serves as a unique ID for each and every branch that participates in electronic funds transfer in the country. You need to know the IFS code of the branch of the account you are sending funds to. The advantage of using IMPS is that forex is open for use 24 hours a day, 7 days a week, including Sundays and bank holidays. Some banks charge a nominal fee for using IMPS depending on the amount to be transferred. IMPS is instant and in real time i. If you use IMPS on your phone bank mobile banking, then both you and your beneficiary need an MMID Mobile Money ID. There are two ways of finding the IFSC Indian Financial System Code for any bank-branch in India:. All participating bank branches will have a list of the IFSC Codes of the branches, bank-wise. IFSC Indian Financial System Code is a unique identity for every bank-branch in India that participates in inter-bank electronic funds transfer in the country. It is an character alphanumeric code that identifies every single bank branch that is part of one of the two main electronic funds transfer systems in the country. The format of the code is as follows: The first 4 letters represent the bank name; the fifth character is 0 for future use ; the last six characters numbers or letters represent the individual branch. The IFS Code department a pre - requisite for any transaction on the two main electronic funds transfer systems operational in India — RTGS Real Time Gross Settlement and NEFT National Electronic Funds Transfer as well as IMPS Immediate Payment System. NEFT, RTGS and IMPS are all electronic funds transfer systems in operation in the country. All three systems ensure speedy, safe and convenient transfer of funds between accounts within the country. Instead of using physical instruments like cheques or DDs, these electronic payment systems allow you to transfer money without the danger of loss or fraudulent encashment of cheques. NEFT and RTGS were introduced around 20 years ago, while IMPS was introduced in Free Credit Health Check. Resolve Credit Health Issuses. Apply For Credit Product. The author reserves the right not to be responsible for the topicality, correctness, completeness or quality of the information provided. Liability claims regarding damage caused by the use of any information provided, including any kind of information which is incomplete or incorrect, will therefore be rejected. Served more than 1 Million Customers. Your Data is Safe with us. Free Credit Score and Analysis Online. Product name, logo, brands, and other trademarks featured or referred to department Credit Mantri are the property of their respective trademark holders. CreditMantri was created to help you take charge of your credit health and help you make better borrowing decisions. We support customers with every kind of credit profile - those who are new to credit and have a minimal or nonexistent record; those who have a problematic history; and those who already enjoy a healthy profile. If you are looking for credit, we will make sure you find it, and ensure that it is the best possible match for you. How do we help you? We bank you to obtain your credit score instantly, online, real time. We get your Credit Score online and provide a free Credit Health Analysis of your CIBIL or Equifax report. Based on the analysis, we help you discover loans and credit cards best suited for your credit profile. We help you understand your Credit Profile, Credit Information Report CIR and know where you stand. We are a one-stop shop for all your credit needs. We forex it easy for you to browse through and compare the various financial products on offer on the market; access our free and user-friendly online tools; and finally, enjoy a stress-free application process with quick approvals. We achieve this with a cutting edge combination of data science and technology that ensures that both lenders and borrowers have a transparent common platform to make their decisions. We treat your data with the utmost confidentiality and will never share or sell it to anyone. That is our CreditMantri guarantee. Our dedicated and best-in-class customer service will go the extra mile or two to support you on every step of your credit journey. Our 1 Million happy customers are our best testimonial. Let us help you take control of your credit goals and unlock the door to your financial freedom. Department Finserv Private Limited 4th Floor Sudhama, 36 Vijayaraghava Road, T Nagar, Chennai, Tamil Nadu Hikindly verify your mobile number Almost there, kindly verify your mobile number Kindly verify your mobile number Mobile number verification is mandatory to get your instant credit score. Your PAN verification has failed Please enter the PAN and Name combination as stated in your PAN Card. You are almost there. Why should I give my PAN? View your credit profile. Meanwhile, let us know more about you so that we can credit profile you better Marital Status. I have borrowed loans or taken credit cards. Kindly upload your ID and Address proof to get your credit score and analysis No, I will give my PAN No, I will give my mobile number Upload documents. Hikindly enter your mobile number Mobile number verification is mandatory to get your instant credit score from bureau Hi FirstNamekindly enter your address and mobile number Mobile number verification is mandatory to get your chennai credit score from bureau Forgot Password. Nice to have you back. Please provide your id to reset your password. Mobile number Verification OTP has been sent to. Home IFSC Codes Canara Bank Tamil Nadu Chennai Foreign Department, Chennai. Check your Free Credit Score Within 2 Minutes Online. List of IFSC code, MICR code and addresses of all banks in india. IFSC Code and MICR Codes for CANARA BANK for Foreign Department, Chennai - Tamil Nadu Get IFSC code and MICR code of Canara Bank, Situated in Tamil Nadu, Located in the city of Chennai, Along with the address and contact number of that branch. More Canara Bank Branches in Chennai: What is IFSC Code? You can find the most recent exhaustive list IFSC Codes for all bank branches participating in electronic funds transfer at the Reserve Bank of India The format of this character code is as follows: What is IFSC NEFT transfer? First, it is important to understand the terms NEFT and IFSC mean. How does the NEFT system operate? What are the advantages of using NEFT? What is IFSC RTGS transfer? IFSC and RTGS are two separate, though linked, terms. In order to initiate an RTGS remittance, you need to furnish the following details to the bank: What is an IFSC IMPS transfer? What is the advantage of using IMPS? Does your beneficiary also have to register for IMPS? How can I find the IFSC Code for a bank? There are two ways of finding the IFSC Indian Financial System Code for any bank-branch in India: What is the difference between NEFT, RTGS and IMPS? Below is a comparison of the three systems in key categories: Category NEFT RTGS IMPS National Electronic Funds Transfer Real Time Gross Settlement Immediate Payment Service Launched by RBI RBI National Payment Corporation of India Medium of initiating order - Branch visit or - Online - Branch visit or - Online - Online - Mobile phone - ATM Limit Small Value transfers. No max or min limit specified by RBI, each bank sets own limit but for cash remittances, Rs. Minimum value — Rs 2 lakhs No maximum limit, left to each bank Encrypted messaging format — Rs. Not bundled with other transactions Transactions settled individually and instantly Time taken for credit to appear in beneficiary account Can take up to 2 hours. Requirements NEFT-enabled originating and beneficiary branches plus 1. Beneficiary account number 2. IFSC number of beneficiary branch RTGS enabled originating and beneficiary branches corporation 1. Benficiary account number 2. IFSC number of beneficiary branch For order initiated online: IFSC number of beneficiary branch For order initiated on phone: Thanks for your review. Your comments will be posted on admin approval. Free Credit Score and Analysis Online in less than 2 minutes! Improve your Credit Score Reduce your current EMI cost Discover Loans and Credit Cards best Suited for you Get started. Improve your credit scoure Reduce your current EMI cost Discover Loans and Credit Cards best Suited for you Get Started. Community Articles Blogs About us Careers Contact Us Free CIBIL Score Recurring Deposit Personal Loan EMI Calculator Savings Account. Popular Searches Credit Score Advice CIBIL Score Credit Rating Credit Repair Bad Credit Loans Credit Score India Personal Loan Interest Rates Home Loan EMI Calculator Fixed Corporation Rates. Related Offers Apply for Credit Card Apply for Personal Loan Apply for Home Loan Apply for Auto Loan Apply for Gold Loan Bank IFSC Code Home Loan Interest Rates Income Tax Calculator Credit Card Customer Care Number. Login and post your query under Need Help section All written queries will be responded within 1 working day. Minimum value — Rs 2 lakhs No maximum limit, left to each bank. Encrypted messaging format — Rs. Done in real-time continuously and on an order-by-order basis. Not bundled with other transactions. NEFT-enabled originating and beneficiary branches plus 1. IFSC number of beneficiary branch. RTGS enabled originating and beneficiary branches plus 1. For order initiated online:

4 thoughts on “Corporation bank forex department chennai”

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Foreign Banking Corporation: Foreign Branch/Agency Application.

Please refer to the Department's Application Fee Schedule to determine the proper fee for the application being filed.

The statutory requirements for the licensing of a foreign banking corporation to establish and maintain a branch or agency in New York are specified in Section 200 and 201 of the New York Banking Law. In addition, Section 26 of the statute specifies the criteria for approval of the application in terms of character, responsibility and general fitness of the applicant as well as the promotion of public convenience and advantage. Additional factors considered by the Superintendent in connection with the licensing of branches or agencies may be found in Supervisory Procedure FB 1 (copy enclosed).

The application requirements are set forth in Supervisory Procedure FB 101 and Form FB-101, copies of which are enclosed.

The applicant must maintain policies and procedures designed to ensure and monitor compliance with the Bank Secrecy Act (BSA) as amended by the USA PATRIOT Act and the anti-money laundering programs of Part 115 of the General Regulations of the Banking Board. A compliance program must include, at a minimum, a system of internal controls to assure ongoing compliance, independent testing for compliance to be conducted by bank personnel or by an outside party, the designation of an individual or individuals responsible for coordinating and monitoring day-to-day compliance, and training for appropriate personnel.

We believe you will find it helpful to discuss your proposal with us prior to the preparation of a formal application. Should you care to proceed in this manner, we would be pleased to arrange a mutually convenient time for a meeting.

Please contact our Applications Unit at (212) 709-1540.

APPLICATION FOR FOREIGN BRANCH OR AGENCY.

NYR - FB 1 -- SUPERVISORY POLICY.

Statutory authority: Banking Law, §§ 14 (1), 26, 200.

1.1 General statement.

1.2 General standards.

No foreign banking corporation shall be granted a license to establish and maintain a branch, agency or representative office in this State, unless the Superintendent shall have found that:

the proposed branch, agency or representative office will promote the public convenience and advantage; and.

the character, responsibility and general fitness of the foreign banking corporation, its principal shareholders, its management and the person (s) designated to represent such foreign banking corporation are such as to command confidence and warrant belief that the business of such foreign banking corporation will be honestly and efficiently conducted in accordance with the intent and purpose of the New York Banking Law.

In acting on any application to establish and maintain a branch or agency in this state under Banking Law section 26, or a representative office in this state under Banking Law section 221-c, the Superintendent shall consider the following factors:

the economic and political stability of the home country of the foreign banking corporation;

the degree to which the foreign banking corporation and any foreign bank of which the foreign banking corporation is a subsidiary is subject to comprehensive supervision and regulation on a consolidated basis by the home country authorities;

whether adequate information will be made available initially on a continuing basis to the department on the operations and activities of the foreign banking corporation and its affiliates;

the financial strength and resources of the foreign banking corporation (including compliance with international capital guidelines as promulgated by the Bank for International Settlements, the applicant's projected capital position, the history of the applicant's operating performance, and its future prospects);

the integrity, competence and experience (including experience in international banking) of the management and principal shareholders of the foreign banking corporation and the person (s) designated to represent such foreign banking corporation;

the supervisory evaluations of the foreign banking corporation by other regulatory authorities;

the size and significance of the foreign banking corporation in relation to other banking corporations in its home country and worldwide; and.

any other factors the Superintendent deems relevant.

In applying the criteria listed in paragraph (a) above to an application by a foreign banking corporation to establish and maintain a representative office, the Superintendent may take into account the limited nature of the activities that shall be conducted through such representative office.

NYR - FB 101 -- APPLICATION BY A FOREIGN BANKING CORPORATION FOR A LICENSE TO ESTABLISH A BRANCH OR AGENCY.

(Statutory authority: Banking Law § 14(1))

NYR - 101.1 General information.

A foreign banking corporation seeking a license under Banking Law, Article V, to establish an initial branch or agency in New York State shall submit to the Superintendent an application on Form FB-101 containing the information and documents required by section 101.3 of this Supervisory Procedure, accompanied by a check for [please refer to the Department's Application Fee Schedule] covering the investigation fee.

NYR - 101.2 Prior consultation.

Preparation of the application on Form FB-l0l will be facilitated by prior consultation between the applicant and representatives of the Department. Arrangements for such a conference may be made and copies of Form FB-101 may be obtained through the New York State Department of Financial Services, One State Street, New York, New York 10004.

NYR - 101.3 Information and documents requested.

A foreign banking corporation seeking a license to establish a branch or agency must submit the following information and documents:

an application certificate in duplicate containing the information required by Banking Law section 201;

the names of and biographical information, including a description of the educational and business background, for the two senior officers who will be in charge of the branch or agency;

a description of the history and background of the foreign banking corporation, including the following:

history of the foreign banking corporation;

ranking by asset size in the home country;

number of offices in the home country;

description of organization structure of the foreign banking corporation (including shareholders directly or indirectly owning or controlling 10% or more of the capital stock of the applicant, any of its affiliates and any agencies, branches or representative offices of the applicant in the United States and other countries);

description of management structure, including board of directors and principal officers of the foreign banking corporation;

description of the business of the foreign banking corporation;

an organization chart for the foreign banking corporation and its top tier parent, if any, showing all affiliated companies and the place where each company is organized;

background and financial information on shareholders directly or indirectly owning or controlling 10% or more of the capital stock of the applicant;

a consolidated statement of the applicant's financial condition as of a date within 90 days prior to the date of application, certified by the applicant's chief executive or financial officer;

audited consolidated financial statements, including statements of income and expense, for the applicant's latest three fiscal years or for the period that applicant has been in business if less than three years, certified by the applicant's chief executive or financial officer, with amounts to be shown in the applicant's local currency and the United States dollar equivalent; and.

calculation of applicant's risk-based capital ratio; and.

an English language copy of the applicant's latest annual report;

an analysis of loans, including, but not limited to, information on delinquencies, non-accrual loans, assets acquired in satisfaction of debts previously contracted, and loans with reduced interest charges;

an analysis of the extent of country risk exposure of the applicant;

a list of the major United States and other correspondent bank relationships of the applicant, a list of United States and other banks which have extended any lines of credit to the applicant and the amount of such lines;

a profile of the home country including a description of:

political and economic structure;

economic ties with Export-Import Bank, International Monetary Fund, World Bank and other similar organizations;

foreign trade, including balance of payments with the United States and other countries; and.

foreign exchange restrictions;

the extent to which each foreign banking corporation is subject to comprehensive supervision or regulation on a consolidated basis by its home country authorities, including whether each foreign banking corporation is supervised or regulated in such a manner that its home country supervisor receives sufficient information on the worldwide operations of the foreign banking corporation (including the relationships of the foreign banking corporation to any affiliate) to assess the foreign banking corporation's overall financial condition and compliance with law and regulation;

the powers and functions of the home country authorities;

the frequency and scope of supervisory examinations of banking institutions;

the function of the Central Bank and its relationship to private banking institutions in the home country;

the deposit insurance system, if any, in the home country; and.

the extent to which banking institutions from other countries are permitted to conduct business in the applicant's home country;

such authorities do not object to the establishment of the proposed branch or agency; and.

the foreign banking corporation is duly organized and licensed to conduct a general banking business and is in good standing;

NYR - 101.4 Conversion of license from agency to branch, or branch to agency.

When an agency applies to convert to a branch, or when a branch applies to convert to an agency, the information and documentation required for an initial license in paragraphs 101.3 (1), (12), (13), (16), (17), (18), (21), (22), (23) and (26) of this Supervisory Procedure shall be submitted to the department.

101.5 Additional branches and agencies.

A foreign banking corporation that has received a license to open and maintain a branch or agency in this State may, unless otherwise advised by the Superintendent, open and occupy an additional branch or agency with 30-days prior notice to the Superintendent. Such notice shall contain the information required under section 101.3 (2), (12) through (19), (23) and (26) of this Supervisory Procedure.

APPLICATION BY A FOREIGN BANKING CORPORATION FOR A LICENSE TO ESTABLISH AND MAINTAIN A BRANCH OR AGENCY IN THE STATE OF NEW YORK.

Section 1 - General Information.

A foreign banking corporation which seeks a license under Banking Law Article V and Supervisory Procedure FB 101 to establish and maintain a branch or agency in New York State should submit the information and documents required by Section 3 of this Form FB-101 to the Superintendent of Financial Services, accompanied by a check payable to the order of "Superintendent of Financial Services of the State of New York". Please refer to the Department's Application Fee Schedule to determine the proper fee for the application.

The Superintendent reserves the right to require additional information in connection with the application. The applicant may, of course, submit any information in addition to that required which it deems pertinent to the application.

The application may be filed in the form that such application is filed with the Board of Governors of the Federal Reserve System; provided that the applicant includes with the application a cross reference sheet indicating where in the federal application the information required under each item of this Form FB101 is located; and provided further that any information, documents or exhibits not required in the federal application but required in this Form FB-101 are included in the application or in a supplement to the application.

Copies of any additional material filed as part of a concurrent application to the Board of Governors of the Federal Reserve System should be also submitted to the Department.

You are reminded that this and all applications submitted to the Department are available to the public under the Freedom of Information Law (FOIL). Applicants may, for good reason, request that certain portions of the application be held confidential. Such information should be placed in a separate section of the application marked "Confidential" along with the reasons supporting the applicant's request for confidential treatment. The main application should note that such section (or part of such section) is contained in the confidential portion. The decision as to whether such material will be held confidential, however, will be at the sole discretion of the Superintendent. In most cases requests for confidential treatment will be granted for personal data on individuals or where the applicant might be damaged by the release of proprietary information.

All documents submitted in foreign language originals must be accompanied by certified translations into the English language.

This is not a blank form to be filled in. It is a guide copy to be used in preparing the application or notice required under Supervisory Procedure FB 101. Any application or notice prepared in accordance with this form should refer to the item numbers listed when supplying the information requested therein.

Please submit application in duplicate. Also include one copy of the application submitted to the Federal Reserve Bank of New York.

Section 2 - Prior Consultation.

Preparation of the data and documents to be filed in connection with an application will be facilitated by prior consultation between the applicant and representatives of the Department. Arrangements for such a conference may be made through the, New York State Department of Financial Services, One State Street, New York, NY 10004, telephone no. (212) 709-1540.

Section 3 - Documents/Information required.

Part A. Description of the Applicant.

Name of applicant.

Principal place of business of applicant.

Proposed branch or agency location.

List the names of and provide biographical information in the form attached as Annex A hereto for the two senior officers who will be in charge of the branch or agency.

Describe the history and background of the applicant, including the following:

brief history of the applicant;

ranking by asset size in the home country;

number of offices in the home country;

corporate organization structure of the applicant (including shareholders directly or indirectly owning or controlling 10% or more of the capital stock of the applicant, its affiliates[1] and any agencies, branches or representative offices of the applicant in the United States and other countries);

management structure, including board of directors and principal officers of the applicant Please provide a brief background (resumes /biographical data) for each member of the board of directors and senior management;

description of the business of the applicant.

Provide a corporate organization chart for the applicant and any top tier parent company that owns or controls the applicant showing all affiliates[2] and the place where each company is organized.

Provide background and financial information on shareholders directly or indirectly owning or controlling 10% or more of the capital stock of the applicant.

Part B. Financial Information.

Provide the following financial statements:

a consolidated statement of the applicant's financial condition as of a date within 90 days prior to the date of application, certified by the applicant's chief executive or financial officer, and prepared in accordance with the instructions attached hereto as Annex B; audited consolidated financial statements, including statements of income and expense, for the applicant's latest three fiscal years or for the period that applicant has been in business if less than three years, certified by the applicant's chief executive or financial officer, with amounts to be shown in the applicant's local currency and the United States dollar equivalent; detailed calculation of applicant's risk-based capital ratio using the guidelines of the Bank for International Settlements as of the statement date in subparagraph (a); an English language copy of the applicant's latest annual report; and Indicate whether financial statements and reports were prepared in accordance with International Accounting Standards. Explain any variances from International Accounting Standards. Provide an analysis of loans, including, but not limited to information on delinquencies, nonaccrual loans, assets acquired in satisfaction of debts previously contracted, and loans with reduced interest charges. Provide summary totals of loans in each delinquency or nonaccrual category along with a detailed definition of each category. Also indicate the amounts of provisions or reserves for delinquent or nonaccrual loans. Provide an analysis of the extent of country risk exposure of the applicant. This exposure includes loans, advances, placements, deposits, off balance sheet items, etc. Report in currencies of exposure and US Dollar equivalents. Recap by country. List at least twenty-five (25) of the major United States and other correspondent bank relationships of the applicant. Include United States and other banks which have extended any lines of credit to the applicant and the amount of such lines. Please provide a complete address and contact person for each such bank.

Part C. Description of the Applicant's Home Country.

Provide a summary profile of the applicant's home country, including a description of.

political and economic structure - Include latest available data on population, GNP, inflation, employment, country debts, and political and economic stability;

economic ties with Export-Import Bank, International Monetary Fund, World Bank and other similar organizations;

foreign trade, including balance of payments with the United States and other countries; and.

foreign exchange and money transfer restrictions, if any.

the extent to which the foreign banking corporation is subject to comprehensive supervision or regulation on a consolidated basis by its home country authorities, including whether each foreign banking corporation is supervised or regulated in such a manner that its home country supervisor receives sufficient information on the worldwide operations of the foreign banking corporation (including the relationships of the foreign banking corporation to any affiliate[4] ) to assess the foreign banking corporation's overall financial condition and compliance with law and regulation;

the powers and functions of the home country authorities;

the frequency and scope of supervisory examinations of banking institutions by the home country authorities, reporting requirements, regulatory limits and standards, and other information relevant to home country supervision;

the function of the Central Bank and its relationship to private banking institutions in the home country;

the deposit insurance system, if any, in the home country;

the extent to which banking institutions from other countries are permitted to conduct business in the home country; and.

complete address, including contact person, of regulatory authorities in the home country and in countries where applicant has a presence.

Part D. Activities of Branch/Agency.

Describe the types of business to be conducted and the types of services to be offered at the proposed branch or agency.

Provide estimated start up costs, projected balance sheets, income statements and contingent liabilities for the proposed branch or agency for the first three years of operations, including assumptions made in formulating projections, and prepared in accordance with the instructions.

Describe the management and staffing of the office and the manner in which the office will be supervised by the applicant, including the number of persons to be employed, their capacities and names and brief biographies of key personnel.

Part E. Public Convenience and Advantage.

Provide a statement containing factual data to demonstrate that the public convenience and advantage will be promoted by approval of the application, including at a minimum:

rationale for wishing to establish a branch or agency in New York State;

description of the manner in which New York State and the general public will be better served as a result of the establishment of the proposed office;

description of the manner in which the proposed office will contribute to the promotion of international trade; and.

description of the competitive effect of the proposed office on existing banking facilities in New York.

The following documents shall be submitted as exhibits to Form FB-101:

A duly executed and acknowledged application certificate.

A certified copy of resolutions of applicant's board of directors either sworn to before a United States consular official or accompanied by an apostille as provided in Supervisory Procedure G7 of this title:

authorizing the filing of the application and designating the officer who is to sign the application;

designating the person or persons who is/are to be in charge of the business and affairs of the branch or agency or who shall be authorized to appoint such person or persons;

authorizing the appointment of the Superintendent as true and lawful attorney for service of process; and.

authorizing the designation of the person to whom process may be forwarded by the Superintendent. ( It is recommended that this person be the designated branch manager and his or her successors.)

A duly executed and acknowledged instrument appointing the Superintendent the applicant's true and lawful attorney for the service of process.

A duly executed and acknowledged certificate of designation, specifying the name and address of the person to whom process may be forwarded by the Superintendent.( It is recommended that this person be the designated branch manager and his or her successors.)

An affidavit of the proposed manager and deputy manager describing any legal proceedings against him or her.

Two duly authenticated copies of applicant's charter and by-laws or the equivalent thereof.

An opinion of a member of the bar of the applicant's home country that:

applicant's charter authorizes it to carry on the business contemplated by the application; and.

Section 4 - Supervisory Procedure.

Please also refer to Supervisory Procedure G 108 to determine whether certification of compliance with Section 296-a of the Executive Law is required.

1 " Affiliate " means any company that controls, is controlled by or is under common control with the applicant. " Control " means directly or indirectly owning, controlling or holding with power to vote 25% or more of any class of voting stock, or the ability in any manner to elect a majority of the directors, of a company.

2 " Affiliate " and " Control " shall each have the meaning set forth in Part A.5(d).

3 " Control " shall have the meaning set forth in Part A.5(d).

4 " Affiliate " shall have the meaning set forth in Part A.5(d).

5 " Affiliate " shall have the meaning set forth in Part A.5 (d).