State Bank of India (California)
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Safeguarding Your Information


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, 2013, 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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Money Transfer Services


Are you looking for an instant money transfer? We offer various avenues for free money transfers. We also provide the best information for online money transfers.

Money Transfer

We provide instant money transfers and online tracking of those transactions. Different ways of money transfer:

  • Wire transfers. These take a few minutes and you will be credited money in your account within two days.
  • Bank Cheque. This is considered to be one of the best ways to transfer money to India. All that is needed is an NRE/NRI account in India and an authorized person to operate the account. Send a Cheque in the account owners name to the authorized person and they will deposit the funds in the account.
  • Bank draft:Wire funds to an account in India or issue a bank draft in the name of the beneficiary.
Our money transfer process provides a convenient and low cost service. We offer a variety of messaging services that are charged according to the number of words they contain.

Internet Money Transfer

Our internet money transfer is completely web based and is void of paper work. An online money transfer for a purchase is a payment that is initiated by the private customer bank and also provides benefits to the corporate bank. Internet money transfers are convenient, secure and fast. Money can be transferred online using credit cards. An added advantage is the credit period that is part of the credit card pay cycle. Credit based money transfers offer the best exchange rates.
Benefits of sending money online are as follows:

  • Convenience - Remit cash from home using the internet
  • Transactions carried out will be stored under status for future reference
  • Safety of security issues
  • Remit cash to credit a rupee NRE savings account or to open a fixed deposit account in foreign currency in GPB, EUR and USD.
Internet cash transfers enable individuals and businesses to send money electronically to most international locations. Electronic money transfers are based on the cash, credit and debit cards. Use the electronic money transfer form in order to send money. Electronic money transfers can be done once per month to add money to an account or pay for a trade.

International Money Transfer

International money transfers help to get cash to any part of the world in a short period of time. The various methods of transferring money to any beneficiaries living overseas are:

  • International money order
  • Bank draft
  • Telegraphic transfer
  • Cash collection at agencies overseas
  • Wire
There are many ways to send money overseas. The manner in which your ID is verified depends on the laws of the countries involved, the amount being sent, whether the transaction conducted online, etc. Before going overseas, it is prudent to inform the bank that you could be accessing an account, or making use of the card issued when you are abroad. The global money transfer service is considered to be secure, legal, reliable and fast.

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