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State Bank of India

State Bank of India

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£5000
15
5%
1.102
110,200.00 EUR
FCA Regulated

Product Features

FCA Regulated FCA Regulated

Forward Contract Trading Forward Contract Trading

HM Revenue Customs Regulated HM Revenue Customs Regulated

No Commission Charges No Commission Charges

No Transfer Costs No Transfer Costs

Online Platform Access Online Platform Access

Online Bill Payments Online Bill Payments

Regular Payments Regular Payments

Separate Client Account Separate Client Account

Set Up Standing Orders Set Up Standing Orders

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Send Money Using State Bank of India

India’s largest banking network is able to give its customer the best value when sending money abroad. As well as customer’s being given access to competitive exchange rates, but money can be transferred free of charge. Customers will also benefit from a prompt service. As the State Bank of India has over 20,000 branches, a funds transfer can be confirmed within one working day.

Even those who aren’t a State Bank of India customer can send funds to other bank branches within India as long as an IFSC code is provided. Funds expect to reach the recipient’s account within two three working days. As well as being able to send money to the many branches located in India, Sterling and US Dollars can also be transferred.

Personal Services

  • Emigrating Emigrating
  • Managing Currency Exposure Managing Currency Exposure
  • One-off International Payments One-off International Payments
  • Overseas Properties Overseas Properties
  • Regular Monthly Payments Regular Monthly Payments

Business Services

  • Export Export
  • Hedging Strategies Hedging Strategies
  • Import Import
  • Managing Currency Exposure Managing Currency Exposure
  • Overseas Investments Overseas Investments

Consumer Information

State Bank of India customer do not incur a fee for transferring funds. Customers have access to competitive exchange rates. A funds transfer can be confirmed within one working day.

How to Apply

Customers must have a State Bank of India account to take advantage of the foreign exchange services. Customers can apply for an account by visiting the website. Once an account is opened, there is no requirement to make an order. Funds must be cleared before an order can be made. Customers are advised to keep a copy of any terms and conditions for their own records.

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State Bank of India

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Company Details

State Bank of India

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State Bank of India
15 - 17 King St, Greater London, United Kingdom, EC2V 8EA

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State Bank of India

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