GENERAL/ MISCELLANEOUS CIRCULARS

FX Services and Charges Details for Foreign Exchange Transactions at J&K Bank

By TEAM CIRCULAR EXPRESS • 13 Nov 2026
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This document outlines the service charges, required documentation, and processing timelines for various foreign exchange services at J&K Bank. It covers 22 processes, including:
• Import and export remittances
• Letter of Credit issuance
• Merchant Trade Transactions
• LRS facilities
• FDI and ODI transactions
• MTSS inward money transfers
• Grievance redressal mechanisms for all forex services.
Name of Bank
The Jammu & Kashmir Bank
purpose of issuance
To provide transparency on charges, documentation, and processing timelines for foreign exchange services.
Most Important Details
All forex transactions are processed on the same day if complete documentation and clarifications are received by 3:30 PM on a forex business day. Grievance redressal is structured in four levels with specific turnaround times.
is it guidelines or office order
Guidelines
purpose of issue
To inform customers of the requirements and costs associated with various forex services.
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