Banking in India - For TEFL Trainees

A good number of foreign and scheduled Indian banks provide services in Kolkata. The foreign banks functioning in the city include ABN Amro Bank, American Express International Banking, Standard Chartered Bank, Deutsche Bank, ANZ Grindlays Bank, Bank of America, City bank, and HSBC. Other government participating banks like UTI, ICICI, HDFC, and IDBI also render their services.

The bank timings are usually from 10.30 - 15.30 hrs from Monday through Friday and from 10.30 - 13.00 hrs on Saturday. Visa, MasterCard and Amex compatible ATMs abound.

ATM
There are numerous automatic teller machines (ATM) installed throughout the city. You can draw money from the ATMs if you have a MasterCard, or a Visa card. But not all ATMs will accept foreign cards even if they sport Visa and MasterCard signs; you are best advised to enquire first before sticking your card into the slot. Some have 24hr ATMs that take Visa and MasterCard, while some of the banks also have foreigner-friendly ATM machines. HDFC bank has the facility of withdrawing money from your overseas account. You can use their ATM to withdraw money in Indian Rupee.

Credit and debit cards
Most hotels, travel agents, airline offices, commercial establishments and shops welcome MasterCard, American Express and Visa. Check with your credit or debit Card Company for details of merchant acceptability and other services that may be available.
Western Union Money Transfer:
Western Union Money Transfer outlets can be spotted all over the city. However many banks also have a Western Union counter.

Western Union Money Transfer:
Western Union Money Transfer outlets can be spotted in the city. However many banks also have a Western Union counter.