Bank of India has been operating in Singapore since June 1951. It holds ACU and domestic licenses, as well as registered as ACRA entity and Foreign Company to run businesses in the country.
Since it was established more than six decades ago, there are two Bank of India branches in Singapore that provides banking products and financial services of loans and syndications, trade finance, money remittances, forex covers, placement of deposits in various currencies, and many more.
The parent company, Bank of India (BOI) was established more than a century ago at 1901. It has the headquarter office located in Mumbai, India. In its origin country, the bank owns more than 5,000 branches that span across the union/state territories. On overseas, it owns more than 60 branch offices, 5 subsidiary companies, and 1 joint venture company.
Beside Singapore, BOI has presence in the market of other South East Asian countries such as Indonesia, Cambodia, Vietnam, and East Asian countries such as China, Hong Kong, and Japan.
The Singapore branch in the fourth established foreign branch countries after London (established in 1946), Osaka, and Tokyo (established in 1950) branches.
Bank of India provides services and has expertise in the areas as listed below:
- Money remittances
- Loans and syndications
- Trade finance
- Placement of deposits in foreign currencies
- Forex
- Options
There are more than 60 staffs that work for Bank of India Singapore to offer services and satisfaction to the Customer. This bank also participates in MEPS+ program for payments and receipts in SGD currency.
MEPS (MAS Electronic Payment System) is an online-based program to provide digital payment and fund transfers between banks in Singapore that has been ran and developed by Monetary Authority of Singapore (MAS) since July 1998.
You may also like: Bank of India Singapore SWIFT Code
Bank of India Branches in Singapore
In the following is the list of Bank of India branches in Singapore that can assist you to locate nearest branch office of BOI throughout the island.
It also provides information about the office’s location address, contact details, and operating hours.
Branch Name | Opening Hours |
---|---|
Republic Plaza 9 Raffles Place, Singapore 048619 | Monday-Friday : 9.30AM-4.30PM Saturday & Sunday : Closed |
Uob 158 Cecil St, Singapore 069545 Tel +65 6222 0011 | Monday-Friday : 10AM-1PM Saturday & Sunday : Closed |
120 Serangoon Rd, Singapore 218025 Tel +65 6392 4164 | Wednesday-Monday : 3-8PM Tuesday : Closed |