State Bank of India (California)
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Transaction Account Guarantee Program
"State Bank of India (California) is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transactions Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules"




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Express Moneygram


Moneygram is a reliable, simple, convenient and speedy way to transmit money. Express Moneygram is a person-to-person electronic money transfer that is an ideal option for sending money in case of emergencies. Beneficiaries can collect the money within minutes after sending a Moneygram to India.

Here are some examples of instances where using Moneygram is most favorable:

  • If you are working abroad and you want to send money to family·
  • If any family member is on a holiday trip and requires cash urgently·
  • If you are on a business trip or vacation and run out of money, family or friends can send Moneygrams·
  • Send a cash gift to a family member or friend on some special occasion (Depending on the Moneygram location, some Moneygram agents permit a complementary message or call)

Express Moneygram - Benefits:

  • Moneygram transfer is simple, convenient and fast. Money can be collected within minutes of transmission
  • The process is completely reliable, regardless of the Moneygram location where you are sending money
  • Sometimes additional benefits such as free message service, complementary telephone call, etc. are included

How to Send Moneygram to India?

Procedures to make a Moneygram transfer are simple. Just fill out the short simple Moneygram form and pay the amounts to transmit, including the Moneygram service charges. A Moneygram reference number will then be generated. This number should be communicated to the person receiving the money, so that they can collect the amounts sent. When sending Moneygrams via private money transfer companies, proof of identification will be required.

This is a list of the information required to send a Moneygram transfer:

  • Name of person / company receiving the Moneygram
  • Address including City, State, Country
  • Express Moneygram amounts
  • Sender's name and address including phone number
  • Date of Moneygram transfer
  • Sender's signature

Once the form is filled out and the Moneygram reference number is generated, make sure to obtain a copy of the express Moneygram form as proof of transaction. At the receiving Moneygram location, the beneficiary can collect money by filling out a simple form and providing identification information. Generally, at the receiving Moneygram location, money can be collected in the local currency.

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