IndiaBanks.org · independent research

Banking, wealth, forex & trade services

Special Rupee Vostro Account (SRVA)

Special Rupee Vostro Account (SRVA)

Service typeTreasury and settlement serviceFeesNo SRVA account-opening, transfer, settlement or investment fee is published on the reviewed current page.EligibilityThe account is used for permitted international-trade settlement in INR, investment of excess SRVA funds in Treasury Bills and government securities, and free repatriation of excess funds. The page publishes no retail or individual eligibility rule.
Official product page ↗Compare category

Quick eligibility check

Special Rupee Vostro Account (SRVA)

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Overseas Bank of Baroda territories, subsidiaries and listed correspondent banks using a Special Rupee Vostro Account for international trade settlement and permitted investments?

Published source: Customer type

2Do you meet this requirement: The account is used for permitted international-trade settlement in INR, investment of excess SRVA funds in Treasury Bills and government securities, and free repatriation of excess funds?

Published source: Eligibility

3Do you meet this requirement: The page publishes no retail or individual eligibility rule?

Published source: Eligibility
0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

SRVA purposeRBI permitted international trade settlement in Indian rupees through Special Rupee Vostro Accounts to promote the rupee as an international currency and reduce dependence on foreign currencies for export and import invoicing, payment and final settlement.Effective 11 Jul 2022View source
The official Details section cites the permission and purpose of trade settlement.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Details
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Permitted SRVA transactionsSRVA funds may be used for trade settlement in INR, investment in Treasury Bills and Government Securities from excess funds, and free repatriation of excess funds.View source
The official Allow transaction section lists the three permitted uses.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Allow transaction
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Published SRVA counterpartiesBank of Baroda publishes SRVA details for overseas territories Mauritius, Oman, Seychelles, United Kingdom, Fiji, UAE, Australia and Singapore; overseas subsidiaries in Botswana, Guyana, Kenya, New Zealand, Uganda and Tanzania; and correspondent banks in Mongolia, Kyrgyzstan and Russia, with account numbers and SWIFT BIC codes on the official page.View source
The official Bank details tables publish the account number and BIC for each listed counterparty.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Bank details
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Customer typeOverseas Bank of Baroda territories, subsidiaries and listed correspondent banks using a Special Rupee Vostro Account for international trade settlement and permitted investments.Effective 11 Jul 2022View source
The official page lists overseas territories, subsidiaries and correspondent banks for the SRVA accounts.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Details / Bank details
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
FeesNo SRVA account-opening, transfer, settlement or investment fee is published on the reviewed current page.Effective 11 Jul 2022View source
The page provides permitted transactions and account/ details but no fee schedule.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Complete page review
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
ChannelsInternational trade settlement is routed through the Mumbai Main Office Vostro Cell and the listed overseas/correspondent banks using their published account numbers and SWIFT BIC codes.Effective 11 Jul 2022View source
The bank-details tables identify the Mumbai Vostro Cell and each listed account/ route.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Bank details
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
EligibilityThe account is used for permitted international-trade settlement in INR, investment of excess SRVA funds in Treasury Bills and government securities, and free repatriation of excess funds. The page publishes no retail or individual eligibility rule.Effective 11 Jul 2022View source
The official page lists three allowed transaction types and no user-qualification checklist.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Allow transaction
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
AvailabilityThe page publishes SRVA routes for Mauritius, Oman, Seychelles, United Kingdom, Fiji, UAE, Australia, Singapore, Botswana, Guyana, Kenya, New Zealand, Uganda, Tanzania, Mongolia, Kyrgyzstan and Russia through named banks.Effective 11 Jul 2022View source
The official tables list each SRVA overseas territory, subsidiary or correspondent-bank location.
Source
Special Rupee Vostro Account (SRVA)
Page / section
Overseas Territories / Overseas Subsidiaries / Correspondent banks
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Service typeTreasury and settlement serviceView source
The manually reviewed product record states: “Special Rupee Vostro Account (SRVA)”.
Source
Special Rupee Vostro Account (SRVA) — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • permitted international trade settlement in Indian rupees through Special Rupee Vostro Accounts to promote the rupee as an international currency and reduce dependence on foreign currencies for export and import invoicing, payment and final settlement.

Eligibility

  • The account is used for permitted international-trade settlement in , investment of excess SRVA funds in Treasury Bills and government securities, and free repatriation of excess funds. The page publishes no retail or individual eligibility rule.

Passing a listed condition does not mean the bank will approve an application.

Related official documents

Special Rupee Vostro Account (SRVA) — official pageofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Regulatory basis · Published detail notification /2022-2023-90 A.P. (DIR Series) Circular No. 10 dated 11 July 2022

This value is copied from Special Rupee Vostro Account — published details. Check the table notes before relying on it.

Source: Special Rupee Vostro Account (SRVA) · Details / Allow transaction / Bank details Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 2 columnsSpecial Rupee Vostro Account — published detailsPublished permitted INR transactions and overseas account routes.View tableHide table

Scroll sideways to view every column

Special Rupee Vostro Account — published details
ParameterPublished detail
Regulatory basis notification /2022-2023-90 A.P. (DIR Series) Circular No. 10 dated 11 July 2022
Trade settlementInternational trade settlement in
Permitted investmentT-Bills and government securities from excess SRVA funds
RepatriationExcess funds may be freely repatriated
Processing officeMumbai Main Office, Vostro Cell
Overseas territoriesMauritius; Oman; Seychelles; United Kingdom; Fiji; ; Australia; Singapore
Overseas subsidiariesBotswana; Guyana; Kenya; New Zealand; Uganda; Tanzania
Correspondent banksTrade and Development Bank of Mongolia; Open Joint Stock Company Bakai Bank (Kyrgyzstan); Credit Europe Bank (Russia)
IdentificationEach route has a published account number and BIC
FeesNot published
Special Rupee Vostro Account (SRVA) · Details / Allow transaction / Bank details · effective 11 Jul 2022 · accessed 30 Aug 2026Open official source ↗

More from Bank of Baroda

Related products

Aadhar Seva Kendra

A Bank of Baroda Aadhaar service available at designated branches across India for new enrolment, demographic and biometric updates, child mandatory biometric updates and Aadhaar printing, with official forms, document lists and published charges.

View product

Alternate Investment Products

Bank of Baroda's alternate-investment distribution suite covers Portfolio Management Services, Alternative Investment Products, bonds and non-convertible debentures from third-party providers for experienced investors; provider-level eligibility, fees and documents vary by selected product.

View product

Applications Supported by Blocked Amount (ASBA)

Bank of Baroda lets eligible investors apply for , , rights issues and debt/ issues while the application amount is blocked in their savings or current account; only the allotted amount is debited and the blocked balance continues to earn account interest.

View product

Appraisal Merchant Banking

Corporate service for credit and merchant appraisal of business and infrastructure projects, loan syndication, and feasibility or viability consultation.

View product