SBI Express to India

We have the presence of SBI Express in following regions around the world:

Common features of these offerings are:

• Most competitive exchange rates with no remittance charges
• Most secure way of sending remittances to India
• Direct credit to accounts in all State Bank branches
• Credit through NEFT to accounts in about 44,000 NEFT enabled branches of other banks
• Online Transaction tracking facility 24X7
• SMS advice to beneficiaries

Offerings for US Customers:

• Remittances from USA to India happen through the Automated Clearing House (ACH) mechanism for the SBI Express Remit – US offering.
• All it requires is one-time online registration on our remittance portal with your bank account details and money can be transferred to beneficiary accounts in India from the comfort of your home using Internet.

• Very easy web assistance is provided for error free wire transfers, thus minimizing the hassles, difficulties and occasional delays faced in a wire transfer.
• Send up to a maximum of USD 100,000 (minimum of USD 2000) per day.

• Foreign Currency Non-Resident (FCNR) deposit is completely online service.The money transfer service for NRI individuals is done by sending money directly from their US Bank account to their existing NRE or FCNR account in US Dollars with designated SBI branches in India.

Offerings for UK Customers:

• Customer Initiated Payments (C.I.P.) is a web based, convenient, speedy and cost-effective offering to send remittances from UK to India by Non-resident Indians.
• This facility employs a fully electronic process from the initiation of your transaction to the credit to beneficiary account provided the remittance is funded by you either through instruction to your Bank in UK through Internet/Phone banking or as a Wire Transfer.

Offerings for Customers in Middle East Countries:

• NRIs residing in the Middle East Countries can send rupee remittances to India through Banks / Exchange Houses in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE.