|
If you are looking to find a reputable bank so you can remit your hard-earned money then you are in safe hands. At State Bank of India (California), we offer quality service at competitive rates. We believe that where money is involved building relationships is most important. Read on to find comprehensive information about our various remitting services and find how to safely remit money to India.
How to remit money to India?
You can remit money to India both in U.S. Dollars as well as in local currency. Choose any one of the following ways to remit money to India:
Check Remittance - Check remittance is the cheapest method for remitting money to India. Personal cheques can be drawn in foreign currency or Indian money, payable at the place or bank of your choice. There is generally a probationary period of ten to fifteen days to credit checks to the beneficiary's account. In case you are planning a trip then it may be prudent to use a traveler's cheque.
Demand Drafts - Demand Drafts are relatively cheaper method to remit money to India. You can draw DD's both in Dollars and in Rupees. If you are drawing in Rupees the deposit can be immediately cashed by your beneficiary without any deductions. We do not charge fee for DDs drawn for amounts greater than Rupees Fifty Thousand.
Telegraphic / Wire Transfers - Telegraphic and wire transfers are considered as the quickest method to remit money to India. A wire transfer is done directly from your account to the beneficiaries account.
In most cases, we generally require the following information when you approach us in order to remit money to India (though details vary depending on the mode of remittance chosen):
- Name of the beneficiary Bank/Branch
- Name, address, account number of Beneficiary
- Your (Remitter's) name and address
Do you require our Remittance Services? Absolutely!
Our procedures are simple. We do not believe in burdening our clients with unnecessary formalities and lengthy forms. Also, we do not require a mountain of paperwork. We understand that your time is valuable and we endeavor to provide timely remittance services at the lowest costs.
Here are a few reasons why we are the best source to offer these remitting services:
Economic Rates - Your continuous patronage is our greatest earnings. Therefore, we charge a minimal amount for services provided. Our goal is to offer top services at economical charges.
Complete Customer Satisfaction - Regardless of the type of remittance service that you choose we guarantee prompt response and timely services to ensure complete customer satisfaction.
Flexibility - We offer customized money transferring services that can be tailored to meet your unique requirements.Quality - Quality is one area where we at State Bank of India (California) will not compromise. We strive to exceed your expectations with excellent service.
Back to Top |
