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IBU at GIFT City

Explore a complete range of banking services, including Cash Management, Trade Finance, Financial Market solutions and Lending.

About Gujarat International Financial Tech-City (GIFT City):

Gujarat International Finance Tec-City, also known as GIFT City is located in Gandhinagar, Gujarat, India. GIFT City is designated as a Special Economic Zone, offering a host of benefits to businesses operating within its boundaries including tax incentives, simplified regulations, and streamlined processes. GIFT City has its own regulatory framework called the International Financial Services Centre (IFSC) Authority. The IFSC Authority regulates and governs all financial activities within GIFT City, providing a conducive business environment.

Standard Chartered at IFSC GIFT City

Standard Chartered is one of the leading international banks operating within GIFT City offering a comprehensive range of banking services including Cash Management, Trade Finance, Financial Market solutions and Lending. Also providing our Indian Clients with strategic offshore funding for their Import and Export flows at a lower cost.

To know more, email GIFT.IFSC@sc.com

Product Offerings

Transaction Banking 

Trade: Supporting transactions in multiple currencies – add last 2 countries in the list – (USD, Euro, GBP, JPY, INR, CHF, AED, AUD, CAD)

  • LC Confirmation & Negotiation
  • Bank Guarantees
  • Buyer’s Credit / Supplier’s credit
  • FI Loan
  • Bill Discounting Against Buyers Risk (BDBR)
  • Receivables Services, Invoice Financing
  • Supply Chain Financing
  • Ability to risk participate across multiple products

Cash Management Operations:

SSC /Corporate/AIF accounts of clients

Financial Market

  • Deliverable Derivatives (Currency, Interest Rate, etc.)
  • Non-deliverable Derivatives (Currency, Interest Rate, etc.)
  • Corporate Term Deposits
  • Structured Deposit & Deposit Backed Financing
  • Exotic Options

Lending

  • External Commercial Borrowing (in USD)
  • Loans to overseas JVs & Subsidiaries of Indian companies
  • ECB & Loans in non-USD Currencies (Euro, GBP, JPY, INR, CHF, AED, etc..)
  • Structured Rate Loans (SRL)

IFSC Code:

IFSC code for Standard Chartered Bank IBU is GIFT0SCBL01.

The above-mentioned IFSC code is to be used only by the remitters to undertake cross-border remittances to Standard Chartered Bank IBU for mentioning it in the relevant field of cross-border payment system messages; where quoting of IFSC code of the destination branch in India is a mandatory requirement. The above-mentioned IFSC code shall not be used for initiating payments using any of the domestic payment systems like NEFT, RTGS etc.

Grievance Redressal Policy

For more details, Click here.

Contact Us

Address

407, Brigade International Financial Centre,
Building No.14A, Block 14 Zone-1, GIFT City SEZ,
Gandhinagar,
Gujarat – 382 355, India

Working Hours

Monday- Friday (9:30 AM to 5:30 PM)

Email Address:

GIFT.IFSC@sc.com