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Once you open a deposit account with them and activate your internet banking, the remittance process is simple. They offer best rates and money gets deposited in by late evening on the transaction day. I keep deposits in their Savings account which gives the best interest and remit money whenever there is a need.
6 Once you open a deposit account with them and activate your internet banking, the remittance process is simple. They offer best rates and money gets deposited in by late evening on the transaction day. I keep deposits in their Savings account which gives the best interest and remit money whenever there is a need.
6 Sending money via SBI is a complicated process. One need's a bank account, then 5-7 WORKING day's for pulling the funds to the SBI account ( getting ready process), then you got to do the transfer. Transfer rates are not that great compared to many other providers. Only advantage of using SBI is the upper limit on the amount. Even in the case of high amounts ICICI seems to offer better rate. That leaves us to ...
10 Sending money via SBI is a complicated process. One need's a bank account, then 5-7 WORKING day's for pulling the funds to the SBI account ( getting ready process), then you got to do the transfer. Transfer rates are not that great compared to many other providers. Only advantage of using SBI is the upper limit on the amount. Even in the case of high amounts ICICI seems to offer better rate. That leaves us to ...
10 hahha Way complex system for sending money :) you need to have bank account in NYC and should have min 500$ balance ... No way , why anybody would need to open a bank account :)
18 hahha Way complex system for sending money :) you need to have bank account in NYC and should have min 500$ balance ... No way , why anybody would need to open a bank account :)
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