Bank of India USA Branch
Bank of India has a full service overseas branch in New York and an agency office in San Francisco. BOI has a presence for Non-Resident Indians (NRIs) in the USA, providing foreign banking services such as trade finance and correspondent banking, as well as remittance services, including money transfer assistance.
- New York Branch (Full Overseas Branch)
- San Francisco (Agency Office)
Bank of India New York Branch Address
Customers can contact or visit the New York Branch for corporate banking, trade finance, remittance-related enquiries and guidance on NRI banking products and services.
| Office Address |
277, Park Avenue, New York, NY 10172-0083 U.S.A. |
| Working Hours |
Monday to Friday: 9 AM to 5 PM |
| Phone Number |
212.753.6100 |
San Francisco Agency Address
You can contact or visit the San Francisco office for corporate banking, trade finance, remittances, and enquiries related to NRI banking services.
| Office Address |
San Francisco Agency 555 Mission Street, Suite 1875, San Francisco, CA 94105 |
| Working Hours |
Monday to Friday: 9 AM to 5 PM |
| Phone Number |
415.956.6326 / 415.956.2129 |
Bank of India NRI Services
NRIs residing in the United States of America can consult the Bank of India USA branch for the purposes of availing details of NRI banking products and services, such as opening NRI accounts, remittances, etc. The customer might directly receive assistance or be directed to the concerned branch of Bank of India back home, depending upon the requirement.
- Customers wishing to open an NRI account must complete the prescribed account opening forms and submit the required documents as instructed by Bank of India. The account is opened and maintained by the designated Bank of India branch in India, subject to RBI and bank requirements.
- Once the NRI account has been opened, the customers can access online banking, mobile banking, international remittance or any other services through Bank of India's accredited banking facilities.
- Non-Resident Indian (NRI) accounts are held in India and have to comply with the regulations of the Reserve Bank of India (RBI). The U.S. Federal Deposit Insurance Corporation (FDIC) does not provide any insurance for NRI accounts since the accounts are maintained in India.
- However, there are also some NRI account benefits that customers may get by having NRI accounts, such as having access to NRI banking facilities, including remittance services, savings accounts, etc., on condition that customers meet all the bank’s requirements.
Once your NRI banking needs are in place, you may explore the investment plans and make the most of your savings and achieve your financial goals.
Conclusion
Bank of India supports Indians living in the United States through its New York Branch and San Francisco Agency by providing corporate banking, trade finance, remittance support, and guidance on NRI banking products. NRI accounts and most retail banking services are administered through Bank of India branches in India. A Bank of India account makes it easier for customers to access banking services and NRI investment options in India.