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Can bank convert foreign currency to home currency without customer's approval?

If a customer receives a bank transfer in a foreign currency to his/her account it is standard practice to convert it into the currency of the account.


How do you make transaction foreign money to State Bank of India?

Visit the bankRequest the customer care officer that you need to make a foreign currency transactionThe bank will ask for proof that you either earned an income in foreign currency or are in need of foreign currency due to a legitimate reasonThey will ask you to fill up some formsOnce done, you will be able to transact in foreign currency.


How many foreign bank in Malaysia?

13 locally incorporated foreign bank in malaysia(commercial only) 3 islaic foreign bank


When was Libyan Foreign Bank created?

Libyan Foreign Bank was created in 1972.


What are the impact of customer service on bank performance?

Bank should not irritate customer.


Meaning of foreign banks?

A foreign bank is any bank that does not have operations in a given country. For example, a bank in England that does not operate in the United States is considered a foreign bank to the United States.


How would you convince a customer to become a client of there bank?

To convince a customer to be a client of your bank, spell clearly the benefits of the program to the customer.


What is the difference between foreign banks and international banks?

A foreign bank is one from another country as opposed to a bank from your own country. An intenational bank is one that operates in many different countries. A foreign bank can also be an international bank. A bank from your country can also be an international bank if it operates in other countries too. In those countries it would be regarded as being a foreign bank.


Where can on go to see the online Foreign Exchange?

The online Foreign Exchange is backed by the Canadian Imperial Bank of Commerce and can be found online by searching specifically for the above company.


Who is a customer as per bank definition?

For a bank, a customer is a person who is utilizing one or more of the services provided by the bank. A customer is a person through whom the bank gets an opportunity to make an earning in return to the service they can provide the customer with. For Ex: an individual who has a checking account with a bank or an individual who has a mortgage or a loan with the bank or an individual who has a fixed deposit with the bank are all customers of the bank.


What can a customer get free with a bank account with Chase bank?

A customer can sometimes get free gift certificates for opening an account with Chase bank.


What are the Function of foreign bank?

roles of foreign banks