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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REMOTE DEPOSIT CAPTURE


Remote Deposit Capture provides our business customers the capacity to deposit checks from their office location to their State Bank of India (California) designated checking account. Using a personal computer with a high speed internet connection and browser based desk top scanning equipment, State Bank of India (California)’s Remote Deposit Capture service captures the check image, endorses the check with the designated checking account number and dates each item. Once all deposit items are captured the information is securely transmitted to the bank of processing.

State Bank of India (California)’s Remote Deposit Capture service gives you these advantages:
  • Flexibility - make your business deposits anytime, even after banking hours*
  • Convenience - Process your business deposits either once a day or throughout the day from one location or multiple locations
  • Savings - reduce or eliminate reliance and cost of courier service
  • Productivity - enhance record keeping with online notifications; and reduce the time spent going to the bank to make your deposits

* Deposits will be processed the same day if accepted by 4:00 P.M. (Monday - Friday except bank holidays)

 

To get the specific information you need, please contact one of our branches.


 

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