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Home > Remittances > Middle East

Middle East

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UK

Middle East

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Use our wide network of remittance tie-ups in every country in the Middle-East to remit money to your account in India.

More Information on Remittances:

Instant Transfer
Speed Remittance (SBI Express)
SWIFT / Wire Transfer
Draft

Instant Transfer

"Instant Transfer is a real time rupee remittance facility from SBI branches in 18* countries across the world to your / beneficiary’s account maintained with SBI in India at any of the over 6000 Core Banking Branches (Also available to over 4500 branches of Associate Banks through NEFT)."

*Australia, Bahrain, Belgium, Canada, China, France, Hongkong, Israel, Japan, Maldives, Mauritius, Nepal, Oman, Singapore, South Africa, Sri Lanka, UK and USA.

By far the Fastest way to send remittance
Attractive Exchange Rates and low remittance charges
Facility also available to non-account holders (of our foreign branches) at certain centres

Charges for ‘Instant Transfer’ vary at different branches. Branches in some countries may offer the facility at concessional rates to their account holders. Please contact our branch in your Country to know the schedule of charges of ‘Instant Transfer’ for you.

Middle East

Bahrain Full Commercial Branch, Bahrain Mr. Jose T. Johns - Manager (Operations & Services) Mr. Raj Ignace Bara - Deputy Manager (System & Compliance) Tel: +973–17530463 / 17531064 Email ID: sbifcb@batelco.com.bh	Israel Tel Aviv Branch Mr. Arik Hybloom, Vice President (Operations) Tel: +972-3-7565402 Email ID: arik.h@statebank.com
Oman Muscat Branch Mr. K. Madhusudan Rao, Manager (Operations) Tel: +968-24704232 Email ID: sbioman@statebank.com

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Speed Remittance (SBI Express)

SBI Express enables you to send rupee remittances from a host of countries. The beneficiary in India can receive the remittance through any one of the following options:

Credited to the beneficiary's account held in any Core Banking Branch within 24 hours.
Draft couriered within 24 hours to the beneficiary, or to the beneficiary's branch, if the beneficiary holds an SBI account with a non-core banking branch.
Draft couriered within 24 hours if the beneficiary holds an account in any other bank in India.

Countries and Entities offering SBI Express Service:

Country	Entity	Name
Bahrain	Exchange Co.	Bahrain India International Exchange Co.
Kuwait	Exchange Co.	al Mulla International Exchange Co.
Kuwait	Exchange Co.	Kuwait India International Exchange Co.
Oman	Exchange Co.	Mustafa Sultan Exchange Co.
Oman	SBI Branch	Muscat
Qatar	Exchange Co.	Trust Exchange Co.
Qatar	Bank	Doha Bank
UAE	Exchange Co.	City Exchange Co
		Emirates India International Exchange Co
		Thomas cook Al Rostamani Exchange Co.
		UAE Exchange Centre.

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SWIFT / Wire Transfer

You can send remittances to India using SBI's foreign branches or a vast network of 600 correspondent banks across the globe. The remittance can be sent to the beneficiary's branch directly, if it is a SWIFT linked branch. Please click on the following link to view the list of swift enabled branches with the SWIFT BIC code. Else, you can select a SWIFT linked branch located close to the beneficiary's home town, which will handle the SWIFT transaction and transfer the funds to your beneficiary's account.

The following is a sample SWIFT transfer instruction form, which you can submit at your foreign bank.


Field 56(Intermediary Institution)	Bank Name: SWIFT Code:	(Please refer to the list of Correspondent Banks to locate a bank and the SWIFT code)
Field 57(Beneficiary Bank)	Bank Name: State Bank of India Branch: SWIFT Code:	(Please refer to the list of SWIFT linked branches to locate a branch and the SWIFT code)
Field 59(Beneficiary Customer)	Beneficiary Name: Account No: SBI Branch:
Field 70/72(Remittance information / purpose of remittance)		If the remittance is in foreign currency specify instructions to: Convert to Rupees and credit the account Get instructions from beneficiary Issue FCNR for_____years.

Correspondent Bank Accounts

Swift enabled branches in India

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Draft

If a remittance is sent as a Demand Draft, the beneficiary can deposit it at the branch in India where you or your beneficiary hold an account. The draft will be sent to the branch where it is payable. After collection, the proceeds will be deposited in the account. If there is a need for currency conversion, the currency conversion rate prevailing on the date of conversion is applied. Collection charges will be as applicable from time to time.

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