Remittance Services

Sending Money to India is Easier with SBIC

With attractive and competitive USD to INR exchange rates, you get the most value for your money. 

New customers get 50 paisa better* on your first online transfer up to $3,000! Just use promo code WELCOME50 when you initiate your transfer. Offer applies to new online account openings only. 

• Today's Standard Exchange Rate (up to $10,000): 82.92

See All Exchange Rates

Features and Benefits

• One of the FASTEST ways to send money to India - receive transfers generally within a few hours! 
• Three convenient ways to send transfers: Online, SBIC Mobile App, or at any SBIC Branch
• No transfer fees on any transfer amount completed via SBIC Mobile App or Online Remittance Service up to the daily limits
• Open a remittance registration account with only $10 - Learn More!

Remittance Limits

For questions concerning SBIC Remittance Services contact us at 1-877-707-1995 (Mon-Fri, 8:00 AM to 4:30 PM PST) for assistance.

For Personal Accounts Only (Non-Business)

You can cancel your Remittance transfer Online or through the Mobile App, or by calling 1-855-215-0903 for a full refund within 30 minutes from when you submitted your remittance. If you think there has been an error or problem, please call us at 1-877-707-1995 within 180 days of the Remittance transfer in question.

Please Note:

• A hold policy applies on all deposits — please refer to our Funds Availability Disclosure for details.
• More information regarding the Bank's Error Resolution procedure - Error Resolution and Cancellation Disclosure

*An account with SBIC is required to send remittance. Promotion applies to SBIC’s standard exchange rate. Promo code is redeemable online only, applicable once and cannot be combined with another offer. For accounts opened online, the remittance limit is $25,000.00 per day and $50,000.00 per month. For accounts opened at one of our branches, the limit is $50,000.00 per day. Online remittances above $35,000.00 may take up to 1 to 2 additional business days to receive credit in beneficiary account. Mobile remittance limit is $25,000.00 per day and $50,000.00 per month. The Bank considers "per day" from 12:00:00 AM PST to 11:59:59 PM PST on the same calendar day and considers "per month" as any 30 consecutive days. SBIC makes money when it converts one currency to another for you. The exchange rate provided to you is set by SBIC in its sole discretion, and it includes a markup.

**Mobile remittance limit is $25,000.00 per day and $50,000.00 per month.

Additional fees/charges may apply. For remittances above $10,000 and for any changes made to beneficiaries, you will receive a verification call. Call charges may apply depending on your carrier. For details and pricing for Remittances initiated in-branch, please see the Business Banking Schedule of Fees and Charges or Personal Accounts Schedule of Fees and Charges, as applicable.