morpheus83
msg:1382784 | 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.
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sahuman
msg:1382785 | 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!
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rockykk
msg:1382786 | 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 kk
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sahuman
msg:1382787 | 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.
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wanderingmind
msg:1382788 | 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?
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sahuman
msg:1382789 | 2:03 pm on Oct 25, 2004 (gmt 0) |
wanderingmind - a normal savings account.
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morpheus83
msg:1382790 | 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.
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wanderingmind
msg:1382791 | 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!
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