Hi I would like to know if there are any branches of Oriental bank of Commerce which are situated in United States of America?

Firstly I would like to inform that as on 25th April 2016 there are no branches of Oriental Bank of Commerce which are situated in United States of America?

Foreign Remittances

OBC is pleased with its relationship with NRIs and takes uncommon pride in serving them through different tailor-made items intended to suit all prerequisites of NRIs.

All the administration outlets of OBC are completely automated with 100% CBS branches associated through Centralized Banking Solution, Internet Banking and Phone Banking. So the client of an OBC Branch is a CUSTOMER OF ALL CBS BRANCHES since we are putting forth Any Branch Banking (ABB) and Multi city Check Book office to CBS Customers. Proton Visa Debit Card holders of the Bank have admittance to MITR and NFS ATMs for host of administrations like money store/withdrawal, Mobile Top up, Mini Statement, parity enquiries and so forth and to impact card installment for shopping in India and abroad through more than 28 million Point of Sale (POS) areas.

Facilities being given to NRIs

1. Settlements to India

2. Store Accounts

2.a) Foreign Currency (Non Resident) Account (Bank) Scheme

2.b) Non Resident External (Rupee) Accounts

2.c) Non-Resident Ordinary Rupee Accounts

Method for opening Non Resident Accounts

The accompanying records are required for opening Non Resident Accounts as said in paras 2.a) to 2.c).:

Distinguish/Address confirmation viz. Visa/International driving permit or authentication of Account Opening Form by their broker outside India or by an Official of Indian Embassy or Consulate under their seal and marks. Two Passport size photos of the proposed account holder. Example marks.

1. Extraordinary FACILITIES

1.a) Hedging office

1.b) Provision of settlement under NRO account

2. Credit Schemes for NRIs

2.a)Loan against Bank Deposits

Note : Loans to Non Residents/Third Party, against security of Non Resident (External) Rupee Accounts (NR(E)RA)/Foreign Currency Non Resident FCNR(B) stores.

2.b) Loan against steadfast properties

2.c) Loan against securities of shares/convertible debentures.

3. Surviving Investment Guidelines in India

NRIs can make interests in India under the accompanying Schemes:-

3.a) On 100% repatriable premise

Interest in Government securities, Treasury charges, units of common finances, bonds and shares issued by Public Sector Undertakings Portfolio interest in shares bought and sold through stock trades.

3.b)On non-repatriable premise

Interest in capital of a firm or exclusive worries with no roof. Interest in Government securities, treasury charges, units of common assets, National Plan/Saving Certificates.

3.c)Investment in Immovable property

4. PIO Card Scheme

4.a)Persons of Indian beginning other than native of Bangladesh or Pakistan may benefit of the office of procuring a PIO Card

4.b)A PIO card holder is at standard with NRIs in appreciation of all offices in monetary, money related fields and for getting admission to instructive foundations in India including restorative universities, designing schools, Institute of Technology, Institute of Management and so forth.