SG Bank (Mumbai)

We embarked upon the mission to be the preferred Correspondent Bank for trade and payments in India since the inception of the Euro in 1998.

International Universal Banking

We have been making steady progress in expanding the gamut of products and services offered to our correspondents in India. Societe Generale believes in the principle of partnerships, and consequently we place a great deal of importance on developing reciprocal arrangements to ensure two-way relationships with our clients.

Trade Finance

Societe Generale follows a simple philosophy in Trade Finance and Correspondent Banking, where it holds the distinction of being among the top three European Players.

In short, Societe Generale Trade Services is an organisation dedicated to international operations. We cover all services and tools, ensuring that your commercial import and export transactions are processed under the best conditions.

Finding the right solution means anticipating our clients’ needs. Around the clock and around the world, the skills of our international trade experts make all the difference for our clients. We offer a full range of trade products, and thanks to our network with a niche in the markets of Africa & Europe, we have dedicated and professional local teams capable of delivering customised solutions.

Trade Services is a complete business line, which enables us to optimise the handling of international operations such as Documentary credits, Standby letters of credits and International guarantees.

Thanks to our dedicated network with 1,200 banks in more than 120 countries and 4,000 correspondent banks in 160 countries, we stay close to our customers across the world.

Cash Clearing / Payment Solutions

Right from the beginning of the Euro, Societe Generale embraced the new European payment systems to make cross-border payments. Recognising the benefits of a major currency that is accepted in 15 countries, most of our clients adopted the new European single currency right from the start. Furthermore, they took advantage of a centralised account at Societe Generale to simplify their commercial and treasury transactions. This trust in Societe Generale explains our position as one of the top Euro clearers. We are proud to be among the top Euro correspondent banks in India.

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