MAHESH BANK

The Bank now renders Forex Serivces under A.D. - Category-II

The Money Transfer business in accordance with Memorandum AMC issued vide A.P. (DIR Series) Circular No. 43/A.P. (FL Series) Circular No.1 dated November 12, 2002.

To release remit foreign exchange for the following transactions in terms of A.P. (DIR Series) Circular No. 25/A.P.
(FL Series) Circular No.02 dated March 6, 2006:-

1. Private Visits.
2. Remittance by tour operators/travel agents to overseas agents/principals/hotels.
3. Business Travels.
4. Fees for participation in global conferences and specialized training.
5. Remittance for participation in international events / competitions (towards training, sponsorship and prize money).
6. Film shooting.
7. Medical Treatment abroad,
8. Disbursement of crew wages.
9. Overseas Education.
10. Remittance under educational tie up arrangements with universities abroad.
11. Remittance towards fees for examinations held in India and abroad and additional score sheets for GRE, TOEFL etc.,
12. Employment and processing, assessment fees for overseas job applications.
13. Emigration and Emigration Consultancy Fees.
14. Skills / credential assessment fees for intending migrants.
15. Visa fees.
16. Processing fees for registration of documents as required by the Portuguese / other Governments,
17. Registration / Subscription / Membership fees to International Organizations.