Trending Products
SBI offers remittance service via multiple channels that include:-
- SBI branches.
- All SBI ATMs.
- SBI Remittance kiosk at Little India Branch.
- SBI’s Internet Banking Portal.
- eRemit service https://eremit.sbising.com (For DBS/ POSB/ Standard Chartered and UOB customers).
Yes, as a SBI Account holder you are automatically registered for remittance service through Branch, ATMs, Kiosk* or Internet Banking.
*Currently payment on Kiosk is via NETS enabled cards only. For customers of NETS enabled banks using kiosk, registration has to be done at the branch.
You can register as a remittance customer as under:-
SR. NO. | CHANNEL | REGISTRATION REQUIREMENTS | |
---|---|---|---|
1 | Branch | SBI Account holder | As a SBI Account holder you are automatically registered for remittances. |
Others |
|
||
2 | SBI Account holder with INB access | Only require Internet Banking access to log in and use the remittance service. | |
3 | ATM | As a SBI Account holder you are automatically registered for remittances. You can proceed with the remittance to your existing beneficiaries by debiting your Savings / Current account with SBI. For non account holders:-
|
|
4 | eRemit |
|
|
5 | KIOSK | As a SBI Account holder you are automatically registered for remittances. You can proceed with the remittance by debiting your NETS enabled bank. For non account holders:-
|
SR. NO. | CHANNEL | TRANSACTION LIMIT | |
---|---|---|---|
1 | Branch | SBI Account holder |
|
Non SBI Account holder |
|
||
2 | SBI INB | Default limit is set at S$3,000. Upon customer’s request (via application form submitted at the branch) it can be increased to a maximum of S$20,000 per day. Reduction of the Funds transfer limit can be done online. | |
3 | ATM | A maximum of S$3,000 per day. | |
4 | KIOSK | A maximum of S$6,000 per trailing thirty days. The transaction limit is also subject to your NETS limit from your bank. (DBS/POSB/Maybank/OCBC/UOB and Standard Chartered). |
eRemit is an independent remittance service portal. You can use this channel without having an account with SBI. eRemit is available for anyone who holds a Savings/Current account with DBS/ POSB/ Standard Chartered and UOB.
The maximum amount that can be transacted through the various channels is as under:-
SR. NO. | CHANNEL | TRANSACTION LIMIT | |
---|---|---|---|
1 | Branch | SBI Account holder |
|
Non SBI Account holder |
|
||
2 | SBI INB | Default limit is set at S$3,000. Upon customer’s request (via application form submitted at the branch) it can be increased to a maximum of S$20,000 per day. Reduction of the Funds transfer limit can be done online. | |
3 | ATM | A maximum of S$3,000 per day. | |
4 | eRemit | A maximum of S$100,000 per day, subject to the limit given to you by your bank (DBS/ POSB/ Standard Chartered and UOB). | |
5 | Kiosk | A maximum of S$6,000 per trailing thirty days. The transaction limit is also subject to your NETS limit from your bank. (DBS/POSB/Maybank/OCBC/UOB and Standard Chartered). |
The maximum amount that can be transacted through the various channels is as under:-
Account Held With | Time Taken |
---|---|
State Bank of India & Other Bank Branches | Same day/ next working day* |
*Depending on time of receipt of remittance. Excluding Sundays & Public Holidays in India. |
Click here for fees and charges
The maximum amount that can be transacted through the various channels is as under:-
CHANNEL | REQUIREMENTS | |
---|---|---|
Branch | SBI Account holder |
|
Others |
|
|
SBI INB | INB User ID, Password & Security Device. | |
SBI ATM | Your SBI ATM card cum Debit Card. | |
eRemit |
|
|
Kiosk |
|
The payment options for various channels are as under:-
CHANNEL | PAYMENT MODE | |
---|---|---|
Branch | SBI Customer | SBI Checking & Savings Account / NETS/ Cash. |
Non SBI Customer | NETS or Cash. | |
SBI INB | SBI Checking & Savings Account. | |
SBI ATM | SBI ATM cum Debit card for debiting SBI Checking or Savings Account. | |
eRemit | Debiting Checking & Savings Account of any of the eNets banks-DBS/ POSB/ Standard Chartered and UOB. | |
Kiosk | NETS Card for payment. |