Use our wide network of remittance tie-ups in every country in the Middle-East to remit money to your account in India.
It is a web-assisted remittance service, to remit money to beneficiary accounts in India from number of countries across the world using CIP (Customer Initiated Payments) mode of money transfer. Remittances can be sent in any of the below mentioned 39 currencies from across the world.
Given below is the present charges structure:
For credit to SBI & Associate banks
For credit to other banks through NEFT/ RTGS
|Up to equivalent of USD 500||No charges||Rs. 6/-|
|Above equivalent of USD 500||No charges||No charges|
* Foreign Currency Conversion charges of Rs.250/- levied on every remittance.
*Service tax for conversion of Foreign Currency to Indian Currency will be levied, as applicable from time to time.
* The above charges structure is subject to change.
List of acceptable currencies
|AED||United Arab Emirates Dirham||AUD||Australian Dollar|
|BGN||Bulgarian Lev||BHD||Bahraini Dinar|
|CHF||Swiss Franc||CZK||Czech Republic Koruna|
|DKK||Danish Krone||DZD||Algerian Dinar|
|EEK||Estonian Krron||EGP||Egyptian Pound|
|EUR||Euro||GBP||Great Britain Pound|
|HKD||Hong Kong Dollar||HRK||Croatian Kuna|
|HUF||Hungarian Forint||ILS||Israeli Shekel|
|ISK||Icelandic Krona||JOD||Jordanian Dinar|
|JPY||Japanese Yen||KES||Kenyan Shilling|
|KWD||Kuwaiti Dinar||LTL||Lithuanian Litas|
|LVL||Latvian Lats||MAD||Moroccan Dirham|
|MUR||Mauritius Rupee||MXN||Mexican Peso|
|NOK||Norwegian Krone||NZD||New Zealand Dollar|
|OMR||Omani Rial||PLN||Polish Zloty|
|QAR||Qatari Rial||RON||Romanian Leu|
|SAR||Saudi Arabian Riyal||SEK||Swedish Krona|
|SGD||Singaporean Dollar||THB||Thai Baht|
|TND||Tunisian Dinar||TRY||Turkish New Lira|
|ZAR||South African Rand|
"Instant Transfer is a real time rupee remittance facility from SBI Foreign Offices in 16* countries across the world to your / beneficiary's account maintained with SBI in India at any of the over 19,000 Core Banking Branches of SBI and Associate Banks, as also to over 65,000 NEFT/ RTGS enabled branches of other banks in India."
* Australia, Bahrain, Belgium, Canada, China, France, Hong Kong, Israel, Japan, Maldives, Mauritius, Nepal, Oman, Singapore, South Africa and UK.
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.
Full Commercial Branch, Bahrain
Manager (Operations & Services)
Tel: +973–17530463 / 17531064
Fax: +973-17531029 / 17532435
Toll Free No: +800-81724
Email ID: firstname.lastname@example.org
Tel Aviv Branch
Vice President (Operations)
Fax: +972-3-6005376 / 5377
Email ID: email@example.com
Tel: +968-24704232 / 24704233
Email ID: firstname.lastname@example.org
Transfer money through any of our associated Exchange Houses or Banks in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE to beneficiary's account in SBI in India. You may choose any of the following service to send funds.
|Service||Normal Time Taken|
|SBI Rupee Instant Flash||Within 10 minutes|
|SBI Rupee Instant||Within 2 hours|
|SBI Express Rupee||Within 2 working days|
Countries and Exchange Houses or Banks offering these services are mentioned as under. Kindly note that all the above products are not being offered from all the exchange companies listed below. Please check up with the respective exchange house in this regard
|Bahrain||Bahrain Financing Co.|
|Bahrain India International Exchange Company|
|National Finance & Exchange Co. WLL|
|NEC BSC (c)|
|Modern Exchange Co. Bahrain|
|Kuwait||Al Mulla International Exchange Co.|
|Al Muzaini Exchange Co.|
|Bahrain Exchange Co.|
|Kuwait India International Exchange Co.|
|UAE Exchange Centre, Kuwait|
|Oman||Global Money Exchange|
|Mustafa Sultan Exchange Co.|
|Oman & UAE Exchange Centre|
|Modern Exchange Co. Oman|
|Qatar||Al Zaman Exchange Co.|
|Saudi Arabia||Al Amoudi Exchange Company|
|Al Rajhi Banking & Investment Corporation|
|Arab National Bank|
|The National Commercial Bank|
|UAE||Emirates NBD (Bank)|
|Al Ahalia Money Exchange Company|
|Al Ansari Exchange Company|
|Al Fardan Exchange|
|Al Rostamani Exchange Company|
|Emirates India International Exchange Co.|
|Index Exchange Company LLC|
|Lari Exchange Company|
|Lulu International Exchange LLC|
|National Bank of Abu Dhabi|
|Orient Exchange Company LLC|
|Redha Al Ansari Exchange|
|UAE Exchange Centre LLC|
|Wall Street Exchange Centre LLC|
You can send remittance to your beneficiary’s account in India from your overseas bank through SWIFT (MT 103). Salient features of this facility are as under:
|Field 56 (Correspondent Bank / Intermediary Institution details)||
Please click here to view all correspondent bank accounts and corresponding details.
Field 57 (Beneficiary Bank details)
Please click here to view the SWIFT codes of all SWIFT enabled SBI branches.
Field 59 (Beneficiary details)
Field 70/72 (Remittance information / purpose of remittance)
Please mention the desired disposal of remittance amount, such as
In case of any issues about this product, please contact our International Remittance Centre (IRC) helpline from 10:00 to 17:00 hours (IST) at:
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. Please click here to know more about foreign currency cheques and other instruments collection policy.
The guidelines issued by RBI relating to ‘Know Your Customer’ (KYC) norms mandate the Bank to periodically update customer record with current information relating to customer's identity and address. Accordingly, your account with us will be due for update, if it was opened more than two years ago.
You are therefore requested to kindly submit documents for re-KYC to your home branch, along with the request letter. Please click here, to download the standard request letter containing the documents and information required.
We request your co-operation in order to make your account compliant with the regulatory guidelines.
In case, you have forgotten your login password for your Internet Banking (INB) facility, it can be reset online itself, with the help of your Profile Password.
For the purpose, please click on, Forgot Login password? on Personal Banking Login page and follow instructions.
We have started emailing detailed position of NRI accounts with us as a password protected PDF attachment on the registered e mail address, beginning from March 14 quarter. In case of any issues, please contact your home branch.
Now, you can place a request for outward remittance or funds transfer (forex) favouring yourself or third party from your NRE Savings Bank account or NRE fixed deposit account or FCNR (B) account holders to any account overseas Internet Banking facility.
In order to use this facility, please follow the below mentioned procedure:
Now, you can place a request for disposing off a remittance expected into your NRE / NRO account with us. It will serve three purposes, as mentioned below:
To use this facility, please go to? Inward Remittance Disposal Request? under, NRI Services? tab of ‘e-Services’ in the menu bar of your Internet Banking account.
If you have not applied for Internet Banking (INB) earlier or does not have INB facility, you can now self-register for it online without visiting the branch.
Simply, you have to fill in your account details to create your temporary username and passwords and thereafter you can authenticate it by anyone of the following mode:
For applying, please follow the below mentioned procedure:
Now, you can activate your debit card and generate ATM PIN instantly through internet banking facility. In order to use this facility, please follow the below mentioned procedure:
Now you can add, change, cancel or inquire a nominee in your NRE / NRO savings bank or NRE / NRO / FCNR (B) deposit accounts through Internet Banking (INB) facility. In order to use this function, please follow the below mentioned procedure:
In order to change existing nominee, please cancel nominee first and then register a fresh nominee as per procedure mentioned above.
Now, you can create an Overdraft (OD) account against your existing NRE / NRO deposit through internet banking.
In order to create it, please follow the below mentioned procedure: