![]() Any requests received after cutoff time will normally be processed the next working day. Please visit your nearest branch for cut-off time.Ģ. The Cut-off Times for State Bank of India differs. Outgoing Wire Transfer Cutoff Time for State Bank of Indiaġ. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees. International Outgoing Wire Transfer Fees for State Bank of India is as follows: Payment typeĪpart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. Outgoing Wire Transfer Fees for State Bank of India (India) International Incoming Wire Transfer Fees for State Bank of India is as follows: Payment type Incoming Wire Transfer Fees for State Bank of India (India) The name and address of recipient’s bank – including the BIC (Business Identifier Code) / SWIFT code / clearing code. The recipient’s IBAN or account number.ģ. The recipient’s account name and address.Ģ. To send international wire transfer from your State Bank of India account, You need to know the following information about the person or company receiving the money:ġ. ![]() Outgoing International Wire Transfer Instructions We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees. Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. ![]() The full name of your account as it appears on your statement Your complete State Bank of India account number State Bank of India’s Nostro Account Numbers ![]() The Correspondent Bank Accounts for Remittance: To receive international wire transfer in your State Bank of India account, please provide the following wire instructions to the sending financial institution: Bank Name:įor State Bank of India, this code is SBININBB Preferred Rewards Platinum tier members using a Bank of America Debit or ATM card are not charged the non-Bank of America ATM fee for one withdrawal, transfer and balance inquiry per statement cycle from a non-Bank of America ATM in the U.S., and receive a refund of the ATM operator fee for one withdrawal, transfer and balance inquiry per. Incoming International Wire Transfer Instructions Usually, the receiving bank (in India) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking. Banks use SWIFT network for exchanging messages required for performing international wire transfer. International wire transfer is one of the fastest way to receive money from foreign countries. International Wire Transfer to State Bank of India ![]()
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