Remittance

(Money Transfer to India)

Remittance Money Transfer to India Banner Image

Exclusive Holi Remittance Offer!

Get 20 paisa better than SBIC's base exchange rate on all remittances. For extra savings, use promo code HOLI2024 to get an additional 5 paisa* towards your remittance! Promo code applies to online transactions only. Offer ends March 31, 2024. 

Send money to India from anywhere.

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Need to register for an account?

Open a Remittance Registration Account with only $10* and enjoy Mobile & Online Remittance Services!

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Open an Account Online  Learn More

Features

• Attractive and competitive USD to INR exchange rates 
• One of the FASTEST ways to send money to India - receive transfers generally within a few hours! 
• Three convenient ways to send transfers: Online, SBIC Mobile App, or at any SBIC Branch
• No fees on any transfer amount for transfers completed via SBIC Mobile App or Online Remittance Service up to the daily limits
• Check writing not available for this account

Remittance Limits

Online

$50,000 per day*

Mobile

$25,000 per day**

In Branch 

No Limit

*An account with SBIC is required to send remittance. Promotion is valid 03/11/2024 - 03/31/2024 and applies to SBIC’s standard exchange rate.  Promo code is redeemable online only and applicable once during the campaign. For accounts opened online, the remittance limit is $25,000.00 per day and $50,000.00 per month. For accounts opened at one of our branches, the limit is $50,000.00 per day. Online remittances above $35,000.00 may take up to 1 to 2 additional business days to receive credit in beneficiary account. Mobile remittance limit is $25,000.00 per day and $50,000.00 per month.

**Mobile remittance limit is $25,000.00 per day and $50,000.00 per month.

The Bank considers "per day" from 12:00:00 AM PST to 11:59:59 PM PST on the same calendar day, and considers "per month" as any 30 consecutive days. 

            

For Personal Accounts Only (Non-Business)

You can cancel your Remittance transfer Online or through the Mobile App, or by calling 1-855-215-0903 for a full refund within 30 minutes from when you submitted your remittance. If you think there has been an error or problem, please call us at 1-877-707-1995 within 180 days of the Remittance transfer in question.

Please Note:

For questions concerning SBIC Remittance Services contact us at 1-877-707-1995 (Mon-Fri, 8:00 AM to 4:30 PM PST) for assistance.

See Today's Exchange Rates

Additional fees/charges may apply. For remittances above $10,000 and for any changes made to beneficiaries, you will receive a verification call. Call charges may apply depending on your carrier. For details and pricing for Remittances initiated in-branch, please see the Business Banking Schedule of Fees and Charges or Personal Accounts Schedule of Fees and Charges, as applicable.

 

 

 

 

 

 

 

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