| 9:24 am on Oct 25, 2004 (gmt 0)|
Well ABN Amro takes 40 days and Citibank takes 3 weeks. I guess 3 weeks is the minimum time for all US checks to clear in India.
| 11:31 am on Oct 25, 2004 (gmt 0)|
Yes, this is what surprises me. Most bigger names in India's banking industry take at least 3-4 weeks to clear US checks. But UTI Bank manages to clear it in 10 days flat (within 7 days in one instance). I don't know how they manage to do it, but I am certainly not complaining!
| 11:32 am on Oct 25, 2004 (gmt 0)|
SBI takes nearly 45 days plus you have to submit a form declaring foreign exchange.
Regarding UTI Do we have to fill any form or just a check
| 11:47 am on Oct 25, 2004 (gmt 0)|
No forms or declarations with UTI except for the usual check deposit slip. I believe SBI takes away a chunk as commissions (around 15 USD) per transaction - for both check deposits as well as wire transfers.
| 1:30 pm on Oct 25, 2004 (gmt 0)|
Sahuman, is it a normal savings account you have with UTI Bank for clearing your adsense checks?
| 2:03 pm on Oct 25, 2004 (gmt 0)|
wanderingmind - a normal savings account.
| 3:55 am on Oct 26, 2004 (gmt 0)|
Wow 10 days is pretty fast. Are you sure about it because as far as I know all banks take 3-4 weeks. As all foreign checks are routed through RBI.
| 12:58 pm on Oct 26, 2004 (gmt 0)|
I guess I will try with UTI bank now. 10 days, and no extra paperwork is brilliant!