+91 9993 769 979

quick connect


Use charts and other technical tools to identify market patterns that can indicate/suggest future activity and help you trade better.
From macro-economic factors to sector specific moves, get an idea of all that's happening in the markets in our fundamental research reports.
Find out where the commodity market is headed from our in-depth commodity research reports.
Inter branch transactions Services

Defining Accounts for Inter-Branch Transactions

A transaction that takes place in a branch of your bank may involve accounts that are maintained in another branch. For example, a customer has an account in the Head Office branch and approaches another branch of the bank for a cash withdrawal.

For each combination of branches that may be involved in an inter-branch transaction, you can define the currency and the respective customer accounts to which the related accounting entries will be posted.

The accounting entries for such inter-branch transactions can be routed in one of the following ways:

  • Directly - where each branch will have a direct accounting relationship with all other branches
  • Through a Regional Office -- where two branches involved in a transaction will interact through a common RO
  • Through the Head Office -- where the two branches involved in the inter-branch transaction will interact only through the HO.
S.No. Inter-Core Charges between our branches Max. Amt. Charges
1. Transfer transaction between VEASB branches Local/Outstation Subject to restriction for non-home transactions for different branches. NIL
2. Cash Transaction between VEASB Branches: Local /Outstation
a. Deposit of cash at non-home CBS branches P-Segment-Rs.25,000/- per day SME Segment- Rs.2.00 lac per day Rs.2/- per 1000. min.Rs.50/- per transaction
b. Encashment of cheque at non home branch P-Segments; Max.limit:Rs.50,000/- SME segment: Max.Limit:1.00 lacs upto Rs.50,000/- Free, Above Rs.50,000/- and upto Rs.1,00,000/- Rs.2/- per Rs.1000/-Min Rs.50/-per transaction



Follow Us On :

© vyavsayikbank All rights reserved | Powered by Rizon Technologies