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To:
The Branch Manager,
State Bank of India,
Jayanagar 2nd block branch,
Bangalore
Date:
Dear Sir,
With reference to your intimation regarding receipt of Foreign Inward Remittance in our favour, we wish to advise the
details of the remittance as under:
Yours faithfully,
Authorised Signatory
Instructions: The payment will be kept pending until the documents are provided, at your risk and responsibility
Instructions:
In case of Advance payment a certificate should be incorporated in this letter itself stating that we undertake to complete
the export relating to this advance payment within 12 months from the date of remittance and submit the export
documents to Bank.
In case of Part/Full payment or Software Exports : The exporter should submit Invoice copy, Packing List, Bill of lading and
Shipping Bill copy along with the FEMA Declaration within a period of 7 days from the date of receipt of remittance.
We hereby request you to submit all the export documents within 21 days from the date of Shipment of the goods. The
documents will be sent to our TFCPC branch for lodgement, later when you receive the funds, the same will be paid at
our TFCPC branch against that lodgement reference.
So we kindly request you to send the below documents immediately after your shipment. In case if you fail to submit the
documents within 21 days, you have to provide us the reason for the delay in the company’s letter head, which may also
affect in delay of crediting the funds to your account in time. Also Rs 2000/- per month will be charged for the delayed
period for late submission if Invoice value is up to USD 50000 equivalent and Rs 5000/- will be charged for Invoice
beyond USD 50000 equivalent till the date of shipment.
Regards
State Bank of India
Jayanagar 2 Block Branch
080-26571419