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Indian Overseas Bank Application Form For Funds Transfer Under Rtgs Where Applicable

This document contains an application form for funds transfer under Real Time Gross Settlement (RTGS) from Indian Overseas Bank. The applicant provides details like the amount to be transferred, their account information, beneficiary details including name, bank account and IFSC code. The form also mentions terms and conditions for RTGS transfers like sufficient funds must be available, incorrect beneficiary details provided by applicant will not be bank's liability if wrong credit occurs.

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Nagamuthu.S
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1K views2 pages

Indian Overseas Bank Application Form For Funds Transfer Under Rtgs Where Applicable

This document contains an application form for funds transfer under Real Time Gross Settlement (RTGS) from Indian Overseas Bank. The applicant provides details like the amount to be transferred, their account information, beneficiary details including name, bank account and IFSC code. The form also mentions terms and conditions for RTGS transfers like sufficient funds must be available, incorrect beneficiary details provided by applicant will not be bank's liability if wrong credit occurs.

Uploaded by

Nagamuthu.S
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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INDIAN OVERSEAS BANK APPLICATION FORM FOR FUNDS

Branch Name & Code TRANSFER UNDER RTGS


Where Applicable
• To be filled by the Applicant in BLOCK LETTERS
Zero only
Please remit through RTGS a sum of Rs._____________ Rs.(in words)___________________________________ only
against Cheque Debit to my/our account with you/your______________________________________ Branch.

DETAILS OF APPLICANT(REMITTER) DETAILS OF BENEFICIARY


Amount to be Remitted Rs. Centre :
Charges/Commission Rs. Bank :
Services Tax Rs. Branch :
Total Amount to be debited Rs. 0 IFSC :
Beneficiary’s Name :
Type of Account SB CA CC Address :
Account No.(15 digit)____________________________ Type of Account : SB CA CC
Cheque Number_________________________________ Account No.
Cheque Date _________________________________ Telephone/Mobile No.
Remitter’s Name ________________________________
Address : Sender to Receiver Message (Brief):
Mobile No.___________________________
(OR)
E-Mail ID :

I/We agree and abide by the Rules, that under the normal circumstances, the Beneficiary account would be credited by
Destination Bank/Branch on the same day at the Destination Centre subject to Terms & Conditions mentioned below &
RTGS Rules/Regulations enumerated by RBI.

Date : (Applicant’s Signature)


FOR BANK’S USE ONLY
Transactions entered as per details of Beneficiary as given Applicant’s Signature Verified. Transaction Authorized &
above. Funds Remitted through RTGS as per the details of
UTR No. Beneficiary given above.
Txn No.
IFSC Code:
Time :
_________________________________ ________________________ __________ ________
Authorised Official (Maker) Authorized Official Date Time
TERMS & CONDITIONS FOR ACCEPTING THE REQUEST FOR FUNDS TRANSFER(FT)THROUGH RTGS
Funds Transfer shall be effected only when the Destination Bank/Branch is participating in RTGS.
Sufficient clear funds in the remitter’s account must be available.
The RTGS Customer/Applicant should verify the statement of account and confirm the correctness of remittance
made. In case of any discrepancy the customer/Applicant should intimate the bank immediately.
In Case of holidays at the destination branch the credit will be afforded on next working day.
Once the Account is debited and funds are remitted/RTGS transfer effected, the remitter cannot revoke the given
mandate.
The Remitting Branch/Bank shall not be liable for delay/non-payments to the beneficiary if :-
a) Incorrect and insufficient details of beneficiary are provided by the Applicant/Remitter.
b) Dislocation of work due to the circumstances beyond the control of Remitting/Destination Banks like non-
functioning of Computer system, disruption of work due to natural calamities, strike,riot declared/undeclared
holidays, etc. or internal problems or other causes beyond the control of the Branch/Bank resulting in disruption of
communication.
c) All payment instructions should be checked carefully by the remitter. Bank shall not be liable for crediting
remittance amount to wrong beneficiary on account of incorrect information furnished by the customer in the
application form.

maxutils.com/fdn/
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INDIAN OVERSEAS BANK ______________________________ Branch CUSTOMER’S RECORD SLIP

Received from _________________________________________ by Cheque (No.____________)/ debit authority


0
SB/CA/CC Account No_______________________________ for Rs.________________Rs.(in words)_____________
Zero only
_____________________ only on Date___________ at Time__________Hours for Fund Transfer under RTGS as
detailed below:
Remittance Amount Beneficiary Name
Commission IFSC
Service Tax Bank
Type of Account Branch & City
Account Number
Bank’s Seal
Authorised Signatory : ______________________________

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