SBM BANK (INDIA) LTD. is the first bank to receive a banking license from the Reserve Bank of India (RBI) to establish a universal banking business in India through the Wholly Owned Subsidiary (WOS) mode. We currently operate in Mumbai, Chennai, Hyderabad and Ramachandrapuram and we are in the process of opening branches in New Delhi and Bengaluru soon. Our aim is to shape a better tomorrow for you with innovative, digital solutions. SBM Group brought its rich experience to India by setting up the Indian Operations in 1994.
SBM BANK’s SBMremit is a seamless online remittance service offered to NRIs via Online Transfers & Wire transfers. SBMremit is safe, transparent & cheapest way of sending money to India from abroad. To send money with SBMremit, a customer should complete one time registration by filling the online form and subsequently adding the beneficiary details.