The following is the procedure and particulars to transfer the funds from USA to INDIA through Citi Bank
As per the procedure being followed in transferring funds from one country to other, our bank uses the format No. MT 103, whereas the information of Citibank A/c in that particular country ( in this case India account no 10990896) is to be followed by our company Citibank Current account no. 0100059557 and should be in favour of PRAGATI GREEN MEADOWS & RESORTS LTD. The purpose of remittance is to be mentioned as for Purchase of Immovable Property. Accordingly, we are adopting this procedure for a smooth transaction.
In case the customer does not have CITI Bank A/c and having Account in other Banks the funds can be transferred through New York, CITI Bank, A/c No. 36241797 and Swift Code: CITIUS33 for routing the money from USA to INDIA.
INSTRUCTIONS FOR TELEGRAPHIC TRANSFER OF FUNDS FOR CRS TO ACCS WITH CITI BANK INDIA.
“Please transfer in MT-103 format____________________( Currency and Amount) on ______________ (date) by order of __________________(Sender’s Name) to Citibank, NA. Hyderabad, India’s account No: 10990896 favoring Pragati Green Meadows and Resorts Ltd., for credit to GCB Customers Current account No: 0100059557. The purpose of remittance is _purchase of immovable property.
| CURRENCY |
CITIBANK BRANCH |
ACCOUNT NO |
SWIFT CODE |
| US DOLLAR |
New York |
36241797 |
CITIUS33 |
|