So, here’s the story of me and Bank of India. My father has many bank accounts with “Bank of India” since 1984. He forced me to have my account with them too since we have a good relationship with them and that we the biggest mistake I did.
I opened an account with them for my Handicrafts Export Business. I had a good amount of sale and got payment in US Dollars from my Canadian Buyer. Since the Cheque was from Canada, then Forex Department THOUGHT that the cheque is in Candian Dollars and they remitted the amount in Canadian Dollar, that dispute wasn’t over and a new thing happened, they lost a cheque of mine of a fair good amount from Australia, then found it after 15 days and then it was sent for collection and the third dispute over interests. The story is not over, there are many more things going on still now.
Now I have finally decided to shift to some other bank. Well, I know that for exporters, this is not a good time for Business, but the bank is the one who can be a real culprit and can happen to be a mosquito in the game to suck your blood.