Overseas transfer of funds, made accessible


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Special Rupee Vostro Account (SRVA)

  • Details
  • Allow transaction
  • Bank details

Special Rupee Vostro Account (SRVA) : Details

We would like to bring to your notice that Reserve Bank of India vide its Notification RBI/2022-2023-90 A.P. (DIR Series) Circular N.10 dated July 11, 2022 has permitted international trade settlement in Rupee

The purpose is to promote Rupee as an international currency and reduce the dependency on foreign currencies in which the invoicing of all the exports and imports, the payment between the trading partner countries and the final settlement will take place in INR

Special Rupee Vostro Account (SRVA) : Allow transaction

  • Trade settlement in INR
  • Investment in T-Bills and government securities out of excess funds in SRVA
  • Freely Repatriation of excess funds in SRVA

Special Rupee Vostro Account (SRVA) : Bank details

Details of Special Rupee Vostro Account opened by our Mumbai Main Office, Vostro cell

a) Overseas Territories

Sr. no

Name of the Territory

Account number

SWIFT BIC Code

1

Bank of Baroda Mauritius

03810200001761

BARBMUMU

2

Bank of Baroda Oman

03810200001758

BARBOMMX

3

Bank of Baroda Seychelles

03810200001763

BARBSCSC

4

Bank of Baroda United Kingdom

03810200001764

BARBGB2L

5

Bank of Baroda Fiji

03810200001756

BARBFJFJ

6

Bank of Baroda UAE

03810200001792

BARBAEAD

7

Bank of Baroda Australia

03810200001864

BARBAU2S

8

Bank of Baroda Singapore

03810200001865

BARBSGSG


b) Overseas Subsidiaries

Sr.no

Name of the Subsidiaries

Account number

SWIFT BIC Code

1

Bank of Baroda (Botswana) Ltd

03810200001766

BARBBWGX

2

Bank of Baroda (Guyana) Inc

03810200001759

BARBGYGE

3

Bank of Baroda (Kenya) Ltd

03810200001762

BARBKENA

4

Bank of Baroda (New Zealand) Ltd

03810200001760

BARBNZ2A

5

Bank of Baroda (Uganda) Ltd

03810200001755

BARBUGKA

6

Bank of Baroda (Tanzania) Ltd

03810200001765

BARBTZTZ


c) Mongolian Correspondent Bank

Sr.no

Name of the Bank

Account number

SWIFT BIC Code

1

Trade and Development Bank of Mongolia

03810200001863

TDBMMNUB


d) Kyrgyzstan Correspondent Bank

Sr.no

Name of the Bank

Account number

SWIFT BIC Code

1

Open Joint Stock Company Bakai Bank

03810200001862

BAKAKG22

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