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
  • Online remittance (up to $25,000.00 per day) through Consumer Online Banking (CoB)
  • Our online service conveniently stores your beneficiary information in CoB for quick future selection

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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