NRI Products/Services

Remittance to India by SWIFT

Most reliable way of remitting funds instantaneously through a hi-tech dedicated network

This is the fastest and safest mode. You have to only fill up the particulars as given in format S-1 below with correct beneficiary details such as account no., beneficiary name, branch name etc.

Select our overseas account as per the currency of remittance (refer Table S-2 & S-3)

Instruction regarding placement of remittance in Foreign Currency/Indian Rupees should be clearly mentioned in the purpose column in Format S-1

FCNR (B) deposits will be issued from the date of receipt of the remittance to our overseas account

S-1 : Format to be used for remitting funds to India by SWIFT
For sending funds by SWIFT in US Dollar for crediting FCNR(B)/NRE/NRO or for crediting any Rupee account of Resident relatives/friends in India, you may provide details to your bank in the country of your residence as follows :

1.

Pay to (Name and Address of our correspondent Bank)*

* American Express Bank (Swift Code AEIBUS33XXX)

2.

For credit of

Account No. 00748517 of State Bank of Indore, Treasury (Forex Wing), Mumbai, India, SWIFT  Code STININBBXXX

3.

Beneficiary Bank and branch

State Bank of Indore ___________Branch

4.

Beneficiary details

Name______________________

Account No._________________

5.

Purpose

For crediting to SB Account/Term Deposit/FCNR(B)_____for years

* Fill in the relevant detail as per S-2 or S-3 for the currency of your choice

S-2 : Our other US Dollar Correspondents

Cur.

Our Correspondent

Swift Code

Account No.

USD

JP Morgan Chase Bank, New York

CHASUS33

001-1-406014

USD

Bank of America, New York

BOFAUS3N

6550392225

S-3 : Other Currencies

AUD

Westpac Banking Corpn., Sydney

WPACAU2S

SID0002971

CAD

Bank of Montreal, Montreal

BOFMCAM2

31691045540

CHF

Union Bank of Switzerland, Zurich

UBSWCHZH80A

02300000091-

236040000Z

EUR

American Express Bank GMBH, Frankfurt

AEIBDEFX

018034805

GBP

HSBC Bank Plc., London

MIDLGB22

39883554

HKD

State Bank of India, Hong Kong

SBINHKHH

07602068320001

JPY

State Bank of India, Tokyo

SBINJPJT

10173930020001

SEK

Svenska Handlesban-

ken, Stockholm

HANDSESS

40718549

SGD

HSBC, Singapore

HSBCSGSG

141211649001