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Thursday, September 18, 2008

Remittance facilities to NRIs


REMITTANCES FROM ABROAD
Drafts in Indian rupees can be purchased from exchange companies or our correspondents and mailed to the branch where you have your account.
Telegraphic or wire transfers can be made through our branches abroad or our correspondents to branches having SWIFT/TT drawing arrangements. Please indicate your account number clearly.

Cheques can be deposited for credit of your accounts. These will be collected and credited to your accounts.
Travelers cheques can be tendered by you personally during your visit to India.
If your branch is SWIFT enabled you can transfer funds from anywhere by SWIFT.
For speedy credit to accounts from Gulf, you can use SBI Express.
For speedy credits from USA use sbiexpress credit.
SBI express credits are sent through the Automated Clearing House (ACH). Log on to www.onlinesbi.com/gls.
Your money will be credited to your account in 4 days. [at present, there are no charges for remittances over $100 ].

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