Women Savings Account
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About Fund Transfers

HDFC Bank offers a convenient way to transfer funds from Africa to India through cheques or demand drafts. You can send your cheques and DDs to our Indian branches with an instruction letter stating the beneficiary’s account number for credit. 

Key Features of Fund Transfer to India from Africa

Cheque Submission Instructions

  • You can send cheques or Demand Drafts to your branch in India along with a letter specifying the account number where the funds should be credited.
  • We accept cheques and drafts in the following currencies: USD, GBP, EUR, CAD, SGD, AUD, NZD, HKD, CHF, SEK, NOK, AED, SAR, and ZAR.
  • Click here to learn about the clearing times for your foreign currency cheques and demand drafts.
Fund Transfer

Fees and Charges

  • FCY Demand Drafts - Issuance 
Description of Charges Forex Services
Foreign Exchange Transactions
Remittance Outward* Up to $500 or equivalent. 500 flat.
  Above $500 or equivalent. 1000 flat.
Remittance Inward No Charge
Other Foreign Exchange Transactions
FCY Cash - Selling No Charge
FCY Cash - Encashing No Charge
FCY Demand Drafts - Issuance Up to $500 or equivalent ₹200 flat
  Above $500 to $10,000 or equivalent. ₹300 flat.
  Above $10,000 or equivalent. ₹500 flat.
FCY Demand Drafts - Cancellation ₹50 per Demand Draft.
FCY Cheque Collection (FCY personal cheque, FCY DD's sent for collection)* 0.25% of INR value (minimum ₹250 per transaction).
  Plus courier charges of ₹50 per cheque.
  For transactions value up to $500 - ₹200 per transaction plus courier charge ₹50 per instrument.


Charges mentioned above are charges levied by HDFC Bank only and do not include any charges that may be levied by originating/correspondent banks.
FCY Cheque Return* Under Cash Letter arrangement - ₹100 per cheque.

Under Final Credit service arrangement - ₹250 per cheque.

Plus Correspondent Bank charges

USD Cheque - $10 per cheque.


GBP Cheque - GBP 15 per cheque (for any amount below GBP 1000).


GBP Cheque - GBP 25 per cheque (for any amount above GBP 1000).


AUD Cheque - AUD 35 per cheque.


SGD Cheque - SGD 12 per cheque.


AED Cheque: ₹100 per cheque plus drawee bank charges.


CAD Cheque - CAD 10 per cheque.


EURO Cheque - EUR 100 per cheque plus drawee bank charges.


Other Currencies - USD10 -50 per cheque plus drawee bank charge.
FIRC Charge for Inward Remittance & FCY Cheques collection ₹200 per FIRC
  • *Charges mentioned above are charges levied by HDFC Bank only and do not include any charges that may be levied by originating/correspondent banks.
  • Please note that cheques drawn in one currency payable in another country where the currency is different will take longer to realise and would attract charges from various correspondent banks as per their own tariff schedule, over which we do not have any control. For example, a cheque drawn in USD payable to a bank in Singapore, a cheque drawn in GBP payable to a bank in South Africa, or a cheque drawn in USD payable in Canada.
  • The Government of India has announced the implementation of Goods and Services Tax (GST) effective July 1, 2017. Consequently, the Service Tax rate (including cess) will be replaced by the GST rate as below:

1. Goods and Service Tax on FX Conversion will be revised from 14.5% to 18%.

Slab for Service Tax on FX Conversion:

Amount of Currency Exchanged (ACE) GST rates Minimum GST Maximum GST
Up to ₹1 lakh 0.18% of ACE ₹45 ₹180
Between ₹1 lakh and up to ₹10 lakh ₹180, plus 0.09% of ACE ₹180 ₹990
Above ₹ 10 lakh ₹990, plus 0.018% of ACE ₹990 ₹10,800

2. Goods and Service Tax on commission, fees, and charges on foreign exchange transactions will be revised from 15% to 18%.

Fees and Charges

Your queries answered here

You can send a cheque to India from Africa via different methods, including personal courier and post, addressed to the bank’s, or to the beneficaiary’s postal address. If your city in Africa has an HDFC Bank branch, you can visit it and deposit the cheque there in person as well. Remember to provide a letter comprising the beneficiary’s bank account number and other pertinenet details when you send the cheque.

For fund transfers to India from Africa via HDFC Bank, you can send cheques or Demand Drafts to your branch in India with a letter of instruction mentioning the account number for credit. HDFC Bank collects cheques/drafts in multiple currencies, including USD, GBP, EUR, and more.

You can approach your bank in Africa and request a foreign currency DD in USD or another other major foreign currency, which is commonly accepted in India. Ensure the DD is made payable to the beneficiary's bank account in India. Thereafter, attach a letter of instruction with the DD, stating the beneficiary's account number and other relevant details.