????In the context of SBI Bank, forex type B, B2, C, and C2 refer to different categories of foreign exchange transactions. Forex type B typically involves outward remittances for purposes such as education, medical treatment, or travel. B2 transactions are similar but may involve higher amounts or different documentation requirements. Forex type C transactions are related to imports and exports of goods and services, while C2 transactions may involve more complex trade deals or larger sums of money. These categories help the bank classify and process different types of foreign exchange transactions according to their specific requirements and regulations.
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What is the meaning of forex type b b2 c c2 in sbi bank?Well, in SBI Bank, the forex types like B, B2, C, and C2 usually refer to different categories or classifications for foreign exchange transactions. These could be based on various factors such as the nature of the transaction, the purpose of the exchange, or the client's profile. Maybe B and B2 are for certain business-related forex activities, while C and C2 could be for personal or specific types of transactions. But to get the exact and detailed meaning, it's best to check with the bank directly or refer to their official documentation. Oh, and it's important to understand these classifications properly to make informed decisions when dealing with forex in that bank.