Remittance (Money Transfer to India)

Send money to your loved ones in India with our fast and secure Remittance Service1, online or in-person to any branch of the State Bank Group in India or any other Indian financial institutions participating in Real-Time Gross Settlement (RTGS)/ National Electronic Funds Transfer (NEFT) system. This service is available to all SBIC account holders. 

To get started, simply open a Checking, Savings, or Money Market account online, and enroll in Consumer Online Banking (CoB), or call us at 1-877-707-1995 (Mon-Fri, 9.00 AM to 5.00 PM PST) for assistance.

  • No fees on any transfer amount when completed via our Online Remittance service
  • Low remittance fees when completed in-person at a branch
  • By far, one of the fastest ways to send remittance
  • Attractive and competitive USD to INR exchange rates
  • Our online service conveniently stores your beneficiary information in CoB for quick future selection

Online remittance limits through Consumer Online Banking (CoB)

Accounts Opened Online
Accounts Opened At Branch Or By Mail

 $5,000.00 per day & $10,000.00 per month (effective April 16, 2018)

Click Here for process for receiving a higher per day remittance limit of $25,000.00

 $25,000.00 per day


See today's exchange rates Open a New Account

The Bank considers "per day" from 12:00:00 AM PST to 11:59:59 PM PST on the same calendar day.

Open and fill out a Remittance form below only if completing a Remittance at one of our branch locations. 

Remittance Form

1 Additional fees/charges may apply. 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.

2 For remittances above $10,000 and any changes made to beneficiaries, you will receive a verification call. Call charges may apply depending on your carrier. 


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