Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Correspondent banking scopeBank of Baroda provides correspondent banking services to Indian banks and banks in other countries through its worldwide branch network and selected correspondent-banking branches.View source
The official overview describes the worldwide branch network and services for Indian and overseas banks.
- Source
- Correspondent Banking Services
- Page / section
- Overview
- Accessed
- 23 Aug 2026
- Confidence
- high
Nostro account capabilityNew York, UAE and London branches maintain Nostro accounts in USD, AED and GBP respectively, using trained staff and technology for correspondent-bank operations.View source
The official Features section maps the three overseas locations to their Nostro currencies.
- Source
- Correspondent Banking Services
- Page / section
- Features
- Accessed
- 23 Aug 2026
- Confidence
- high
Correspondent-bank networkBank of Baroda states that its overseas presence is supported by more than 500 correspondent banks, providing access across the globe.View source
The official page says the network has more than 500 correspondent banks.
- Source
- Correspondent Banking Services
- Page / section
- Features
- Accessed
- 23 Aug 2026
- Confidence
- high
Services providedServices include documentary and clean bill collection; advising or confirming letters of credit opened by Indian banks; discounting bills drawn under or outside letters of credit; maintaining major foreign-currency Nostro accounts; and making foreign-currency payments or remittances for Indian-bank customers.View source
The official services list enumerates the correspondent-banking activities.
- Source
- Correspondent Banking Services
- Page / section
- Services provided
- Accessed
- 23 Aug 2026
- Confidence
- high
ChannelsCorrespondent services are delivered through Bank of Baroda’s worldwide branch network and selected branches equipped for correspondent banking; Nostro operations are supported from New York, UAE and London branches.View source
The official page identifies the worldwide network, selected equipped branches and the three Nostro locations.
- Source
- Correspondent Banking Services
- Page / section
- Overview / Features
- Accessed
- 30 Aug 2026
- Confidence
- high
Customer typeIndian banks and banks from other countries that require correspondent-banking support.View source
The official overview says Bank of Baroda offers correspondent banking to Indian banks and banks from other countries.
- Source
- Correspondent Banking Services
- Page / section
- Overview
- Accessed
- 30 Aug 2026
- Confidence
- high
FeesThe official Correspondent Banking page says charges are competitive but does not publish a numeric customer tariff or fee schedule.View source
The page closes its service list by describing competitive charges, without publishing an amount, rate or tariff table.
- Source
- Correspondent Banking Services
- Page / section
- Services provided — charges
- Accessed
- 30 Aug 2026
- Confidence
- high
EligibilityThe service is intended for Indian or overseas banks seeking bill collection, letter-of-credit support, bill discounting, Nostro settlement or foreign-currency payment and remittance services; individual retail eligibility is not described.View source
The page limits the described service audience to banks and lists the correspondent-banking services they can request.
- Source
- Correspondent Banking Services
- Page / section
- Overview / Services provided
- Accessed
- 30 Aug 2026
- Confidence
- high
AvailabilityGlobal access is supported by Bank of Baroda’s overseas presence and more than 500 correspondent banks; Nostro accounts are maintained in USD at New York, AED at UAE and GBP at London.View source
The official page states that more than 500 correspondent banks provide access across the globe.
- Source
- Correspondent Banking Services
- Page / section
- Features / Services provided
- Accessed
- 30 Aug 2026
- Confidence
- high
Service typeBill-payment serviceView source
The manually reviewed product record states: “Correspondent Banking”.
- Source
- Correspondent Banking — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
Benefits and features
- Bank of Baroda provides correspondent banking services to Indian banks and banks in other countries through its worldwide branch network and selected correspondent-banking branches.
Eligibility
- The service is intended for Indian or overseas banks seeking bill collection, letter-of-credit support, bill discounting, Nostro settlement or foreign-currency payment and remittance services
- individual retail eligibility is not described.
Passing a listed condition does not mean the bank will approve an application.
