Citizen Bank Remittance & Collection Facilities | Demand Drafts | Commission | Safe Deposit Lockers

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REMITTANCE & COLLECTION FACILITIES:

a. Demand Drafts

Bank issues Demand Drafts on more than 500 locations in the country – in collaboration with HDFC Bank, at very nominal charges, detailed below :

Amount of Demand Draft	Commission
a. HDFC Bank( Through a/c )
For Amount upto Rs.5,000/-	Rs. 20/-
For Amount above Rs.5,000/- and upto Rs.10,000/-	Rs. 30/-
For Amount above Rs.10,000/- and upto Rs.1 lac	Rs. 2/- per 1000, Minimum Rs.32/-
Amount above Rs.1 lac	@ Rs.1.50 per 1000, Minimum Rs.202/-, Maximum Rs. 5,000/-
b. Where DDs are arranged through other Banks, commission shall be charged as per the tariff of those Banks.

b. Collection of Outstation Cheques :

Bank has arrangement with HDFC Bank and Axis Bank for collection of outstation cheques on time bound basis and at nominal charges.

c. Bank is a member of All Goa Centralised MICR Clearing House :

Cheques drawn on locations within Goa are collected free of charge as per regulations of the Clearing House.