Thursday 4 April 2019

How Foreign Bank Is Different Than Domestic Bank?


There are lot of factor that makes the Foreign Bank different than the banks in India and are as follows-
Foreign Bank
Domestic Bank
The head office of the bank is outside India
The head office of the bank is in India
Primarily Net Banking is used along with branch visit
Different banking methods is used for banking
For Balance Check you can use the ATM, Net Bankin, Mobile app etc
India Bank Missed Call Number to check the bank balance.
Foreign investment is made using the bank
Domestic bank look after the country funds
Follows both country banking rules
Only follows the Reserve Bank of India rules

List of Foreign Bank Having Offices Bank Branch in India

The following are the list of Foreign Bank that has a office in India-
Name of bank
Country of Incorporation
AB Bank Ltd
Bangladesh
The Royal Bank of Scotland
Netherlands
Abu Dhabi Commercial Bank Ltd
UAE
. American Express Banking Corporation
USA
. Antwerp Diamond Bank N.V
Belgium
Bank Internasional Indonesia
Indonesia
Bank of America
USA
Bank of Bahrain & Kuwait
Bahrain
Bank of Ceylon
Sri Lanka
Bank of Nova Scotia
Canada
Barclays Bank Plc
United Kingdom
BNP Paribas
France
Credit Agricole Corporate & Investment Bank
France
Chinatrust Commercial Bank
Taiwan
Citibank
N.A USA
DBS Bank Ltd
Singapore
Deutsche Bank
Germany
HSBC Ltd
Hong Kong
J.P. Morgan Chase Bank
USA
JSC VTB Bank
Russia
Krung Thai Bank Public Co. Ltd
Thailand
Mashreq Bank PSC
UAE
Mizuho Corporate Bank Ltd
Japan
HSBC Bank Oman SAOG
Sultanate of Oman
Shinhan Bank
South Korea
Societe Generale
France
Sonali Bank Ltd
Bangladesh
Standard Chartered Bank
United Kingdom
State Bank of Mauritius
Mauritius
The Bank of Tokyo Mitsubishi UFJ Ltd
Japan
UBS AG
Switzerland
FirstRand Bank Ltd
South Africa
United Overseas Bank Ltd
Singapore
Commonwealth Bank of Australia
Australia
Sber bank
Russia
Australia and New Zealand Banking Group Ltd.
Australia
Rabobank International
Netherlands
Industrial & Commercial Bank of China Ltd.
China
Woori Bank
South Korea
National Australia Bank
Australia
Westpac Banking Corporation
Australia
Sumitomo Mitsui Banking Corporation
Japan


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