| How to Apply to Your Local Bank for a U.S Dollar Wire Transfer to India, Bangladesh, Nepal or Sri Lanka |
A. Wire Transfer to SBI and its Associate Banks in India Click Here +
| Apply for a wire transfer to your local bank for sending money to State Bank of India or its Associate Banks in India, and ask your bank to route the wire transfer through State Bank of India, New York. Click here to download a form that will serve as a handy guide when you fill the wire transfer application form of your bank. |
| Transmission Time |
- Onward transmission on the day of receipt of funds by SBI, New York.
- 450 branches of SBI, which have SWIFT facility, receive funds generally on the next banking day in India. Click here to view a list of SWIFT-facility branches of SBI in India.
- Other branches receive funds via a nearby SWIFT-facility branch.
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| Our Charges |
| For our fee structure please Click here |
| Conversion to Indian Rupees and Exchange Rate |
| Conversion to Indian rupees, where required, is done by the Indian SWIFT-facility branch to which the SWIFT message is sent. While the exchange rate cannot be known in advance (due to difference in time zones), exchange rate offered by SBI and its Associate Banks in India is generally among the best in the Indian market. |
| Tracking |
| To track your remittance online, please enroll for the internet banking service of the branch of SBI or Associate Bank where you have an account in India (if the facility is offered by that branch). To enroll for this service with SBI branches, and know other details, click on the following link: www.onlinesbi.com |
| Inquiries |
| All inquiries pertaining to wire transfers must be made through your bank. Please allow the normal transmission time to elapse before asking your bank to make an inquiry. |
B. Wire Transfer to Bangladesh, Nepal and Sri Lanka Click Here +
| Apply for a wire transfer to your local bank for sending money to any bank in Bangladesh, Nepal or Sri Lanka through our correspondents in those countries, and ask your bank to route the wire transfer through State Bank of India, New York. Click here to download a form that will serve as a handy guide when you fill the wire transfer application form of your bank. |
| Transmission Time |
- Onward transmission to our branch/correspondent on the same day.
- Beneficiary bank receives funds a few days thereafter.
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| Our Charges |
| Flat fee of only $30, deducted from the amount remitted by your bank. |
| Conversion to Home Currency and Exchange Rate |
| Conversion to home currency is done by our correspondent in the beneficiary’s country. While the exchange rate cannot be known in advance (due to difference in time zones), our correspondent will strive to offer competitive exchange rates. |
| Inquiries |
| All inquiries pertaining to wire transfers must be made through your bank. Please allow the normal transmission time to elapse before asking your bank to make an inquiry. |
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Our Location Click Here +
We are located on the second floor at 460 Park Avenue, which is at the corner of Park Avenue and 57th Street (E) in Manhattan. The nearest subway station is 59th Street and Lexington Avenue which can be reached by train No. 4, 5, 6, N, Q and R.
Business Hours Click Here +
Our business hours are 9 a.m. to 4 p.m. EST Monday through Friday.
( Cash Services available from 9 a.m. to 3 p.m. only. )
Whom to Contact Click Here +
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