PXL/HO/Cir-032/2017-18                                                                                                                             Date: 10.07.2017

To,

All the Members of Council,

Dear Sir/Madam,

Subject: Handling of Iran based Export Import Trade Transactions in EURO & INR by IndusInd Bank - reg.

We are pleased to inform our member-exporters that Council has received a communication from IndusInd Bank Limited informing us that they would be in a position to handle payments for companies exporting / importing from Iran in Indian Rupees (INR) and EURO subject to certain conditions.

A communication received from IndusInd Bank Limited along with a newspaper report is available on our Website. Members may please click on this Link for details.

We request our member-exporters to directly contact jaideep.mukherjee@indusind.com for further queries & terms & conditions, if any, as per the contact details provided in the Bank's communication.

Members may avail this opportunity of utilizing the facilities provided by IndusInd Bank Limited.

Thanks & regards, 

Udaya Bhaskar

Director General

Encl:

Click here below for

Comm. from IndusInd Bank

Newspaper report