USA IND

₹ 73.00

HIGHLIGHTS

State Bank of India (California)’s 2018 award-winning remittance service is fast, secure, and easy to use. You can transfer directly to any bank in India online, without paying any fee, in a matter of hours. Yes, you read that correctly, no online remittance fee at all, and there are no hidden charges or fine print.

State Bank of India (California)’s 2018 award-winning remittance service is fast, secure, and easy to use. You can transfer directly to any bank in India online, without paying any fee, in a matter of hours. Yes, you read that correctly, no online remittance fee at all, and there are no hidden charges or fine print.

Online & Mobile Transfer Limits

For accounts opened in branch - Daily Limit: $50,000; No Monthly Limit

For accounts opened or registered online- Daily Limit: $10,000 & Monthly Limit: $25,000

For mobile transfers - Daily Limit: $10,000 & Monthly Limit: $25,000 - Fee $0

In branch Transfer Limit: Unlimited

State Bank of India (California) is a full-service Bank, offering an extensive portfolio of personal and business banking deposit products, commercial lending solutions and international trade services. We have seven branches throughout California with our headquarters located in Downtown Los Angeles. Through our branch and online network, we have a strong presence and specialization in specific business and consumer sectors.

 

*Offer does not apply to online or in-branch remittance transactions. Maximum sending limit through mobile remittance is $10,000 per day and $25,000 per month. For more information, call 1-877-707-1995 or stop by a location near you.

FEATURES

Today's Rate
$ Amount
₹ Exchange Rate
$100 - $9999
₹73.00*
$10000 - $24999
₹73.10*
$25000 - $50000
₹73.15*
Exchange Rate Type
Locked-in
Transfer Fee
Online Transfer
$ Amount
Fee
Up to $50000
0
In-branch Transfer
$ Amount
Fee
$0 - $50000
$15
$50001 - $999999
$0
Transfer Time
Bank Deposit
Up to 4 Hours
Transfer Type
  • Mobile Transfer
  • In-branch Transfer
  • Online Transfer
Daily Transfer Limit
For accounts opened in-branch $50,000 if done online, unlimited if done in-branch.

For accounts opened or registered online $10,000

For mobile transfers $10,000

(Limit can be increased by providing copies of your state issued ID and utility bill.)
Customer Service Info
Toll Free 1-877-707-1995 Mon – Fri 9 AM – 4 PM PST
Company Headquarter
Los Angeles
Company Type
Bank
Mobile App
Company Established
1982
Text Update (SMS)
Yes
Email Updates
Yes
Provider's FAQs
Referral Program
No
Key Feature

  • No fees on any transfer amount when completed Online

  • Send money from anywhere in the US via in-branch, online and mobile banking

  • Tiered exchange rate for in-branch remittance that means the higher the remittance amount, the higher the exchange rate

  • Remittance fee when completed in-person at a branch: $15

  • By far, one of the fastest ways to send remittance

  • Attractive and competitive USD to INR exchange rates

  • Our online service conveniently stores your beneficiary information in our system for quick future selection

Document Requirements

EDITORIAL REVIEW

No review available.

USER REVIEWS

sonam khaturiya
Posted on September 23, 2020, 02:43 am

I am writing these words to help the community being aware and avoid the lost I had during this nightmare. I am giving here my personal experience story with this company (Remitly). Story started when I wanted to transfer funds to my suppliers in China and Morocco. I have done my research about new cost-effective solutions for transferring money quickly with an optimum exchange rate. After a Benchmark between many of them, Remitly cutches me by its good exchange rate spread and low transaction fee. The first transaction was done smoothly to a supplier in china which get his money same day on his Alipay account. My second transfer was made to a Moroccan supplier into his Moroccan bank (Attijari Wafabank). Transfer was made on the 5th of August 2020, Funds was supposed to be received by my supplier on the 12 August. Today is 24th and no funds was received. The supplier is someone who I have relationship with for decades, I know him very well. The amount is not to high (1400$) but still it is money. The problem is that the company have a ridiculous policy in the case funds are not received. They asked me to ask the supplier (receiver) to provide his bank statement which is ridiculous. No company will accept that. Bank statement has confidential information and even me I will refuse to provide it to my customers to prove that funds are received. So, I keep trying to explain that and the only cold answer from the customer service was sorry we can do nothing. For my supplier to track the transfer his bank asked the transaction swift code (which is a conventional way to track transaction for banks). Guess what, Remitly don’t have it even if they withdraw the funds from my Wells fargo bank and transfer it to an international bank. They keep giving me some Transaction ID which can’t be accepted by my supplier’s bank. I asked them to contact the Moroccan bank and ask for a prove that funds has been deposited into my supplier account so I can show it to him: they say no. I asked them to forward the email they told me they received from the receiver bank confirming that funds has been deposit: answer is NO. Any request I made answer was NO. They said sorry we can’t help. Basta your money is lost, and we can’t do nothing. It is a frustrating situation when you are powerless and all you have is chatting or call center in Asia answering like a machine repeating each time same words with no compassion neither human understanding of the situation. Bottom line: this is a company that want to make profit based on transaction fees and exchange rate spread with no customer service to provide neither guarantee that your fund will reach destination. Till today have no clue what to do !!!

 
chelci d
Posted on September 23, 2020, 02:04 am

i have experienced efficient service in terms of remitting money to india. Money got delivered same day all the time and most reliable site for high value transactions. Even its exchange rates further improves in comparison to others in case of small value transactions. So i feel comfortable,Customer_support_++1-8-4-4-5-8=4'O'6'O'6__Customer_support_++1-8-4-4-5-8=4'O'6'O'6__Customer_support_++1-8-4-4-5-8=4'O'6'O'6__Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ ease of transactions along with security while sending money through

 
Pravin B Patel
Posted on September 17, 2020, 08:26 am

sir , I have experienced efficient service in terms of remitting money to india. I am Happy with this Bank Services. Thanks & Regard

 
chelsie c
Posted on September 03, 2020, 05:01 am

i have experienced efficient service in terms of remitting money to india. Money got delivered same day all the time and most reliable site for high value transactions. Even its exchange rates further improves in comparison to others in case of small value transactions. So i feel comfortable,Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__ ease of transactions along with security while sending money through

 
chelsie c
Posted on September 03, 2020, 05:00 am

 
chelsie c
Posted on September 03, 2020, 05:00 am

i have experienced efficient service in terms of remitting money to india. Money got delivered same day all the time and most reliable site for high value transactions. Even its exchange rates further improves in comparison to others in case of small value transactions. So i feel comfortable, ease of transactions along with security while sending money through

 
Ankit
Posted on February 22, 2020, 11:23 am

Excellent remittance facility ensuring quick,safe and seamless transfer of funds.

 
SKUMAR
Posted on November 12, 2019, 11:19 am

Very good rate and easy to use online banking website. Excellent

 
HARMEET
Posted on August 22, 2019, 02:48 pm

Excellent Mobile Banking remittance to India. Great offer of 25 paisa more through Mobile App.

 
Kumar
Posted on August 02, 2019, 10:52 am

Excellent mobile app, got 25 paisa extra per dollar today.

 

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