WE OFFER VERY ATTRACTIVE RUPEE EXCHANGE RATES—MORE VALUE FOR YOUR MONEY –THAT GIVES MORE RUPEES THAN EVEN FREE REMITTANCES. SBI Express - For remittances to all core banking branches in India (currently over 9,500) with new 11-digit account numbers. Instant Transfer facility to more than 35,000 other major Bank branches at various locations in India. <click here for list/IFSC codes> We accept cheques and offer an option of booking same day's exchange rate on receipt of the cheque for amounts upto £ 20,000 (against your undertaking), else the exchange rate on 5th working day applies to the transaction. We issue drafts payable at more than 10,000 branches of SBI spread throughout India.

Remittance to India Remittance Methods Payment Method: Paying in Cash Payment by Cheque Payment through Bank Payment through BACS Charges FAQs

	If you are paying in cash, you need to bring one identification document, which can either be valid passport OR a Full U.K. driving licence with photo card.
	You are also required to bring one address proof, which can be any utility bill or a bank statement less than 3 months old.
	In case, the cash is £5,000 or more, we request you to provide us the proof of withdrawal from your own Bank A/c. Remittances against cash will be accepted only upto £ 10000/-.#

Payment by Cheque

	We accept your personal cheque issued from your own bank account in UK. The cheque can also be sent to us by post.
	The cheque should be made payable to State Bank of India, Remittances A/c.
	No identification documents are required for any amount up to £9,000. However, if the amount is more than £ 9000,# we require IDENTIFICATION DOCUMENTS.
	It takes 5 working days to clear the cheque, and the draft or electronic transfer will be done on the 5th working day.
	We offer exchange rate applicable as on the date of receipt of the cheque subject to your giving the undertaking that in case the cheque is returned unpaid you would compensate the Bank for any loss. Otherwise, the exchange rate on 5th working day will be considered as default rate for the transaction.

Payment through Bank by CHAPS

You can transfer funds in Sterling Pound from your bank account held in any Bank in UK, through CHAPS.
Your Bank may charge you separately for sending the remittance to us. You are required to provide
the following information to your Bank with the request to transfer funds to us in London for onward
transmission to any bank account held with SBI or any of the 35,000 other major Bank branches in India:

Account no – 00868302, account name – “State Bank of India”, sort code 60-01-59 with remarks –
“From Mr/Mrs/Ms XXXX against rupee remittance to Beneficiary A/c Name......A/c no ……….at ……….. branch, ……..bank.

THE FUNDS RECEIVED FROM YOUR BANK WILL BE REMITTED, AFTER DEDUCTING OUR CHARGES,
TO THE DESIGNATED BRANCH IN INDIA.

Payment through BACS/Internet Banking

For hassle-free remittance, please utilise your UK Bank Internet Banking for money transfer. You can
transfer funds in Sterling Pound from your bank account held in any Bank in UK, through BACS/Internet Banking. This facility is free of cost with most of the UK Banks.  You are required to request to transfer funds to us in London for onward transmission to any bank account held with SBI or any of the 35,000 other major Bank branches.

You need to register with us to avail this service. All you need to do is to follow the 5 simple steps given below for a hassle-free remittance experience.

SBI Express/Instant Transfer using Internet Banking.

How do I do it?

Easy 5 steps to remit hassle-free to State Bank of India Accounts in India –

Step – I

Complete the Remittance Registration Form (RRF) and submit the same to our UK office along with your Proof of Identity & Address in the UK.

Step – II

SBI UK office provides you with an unique Identification Number for use during rupee remittances to India. Please keep this number handy with you for all your remittances by Internet Banking or Cheque or Cash payment.

Step – III

Use Internet Banking (BACS) of your UK Bank to transfer Pounds to “SBI Express / Instant Transfer Remittances” Account No. 10715801 (sort code 60-01-59)

Step – IV

Confirm the transfer through your registered Email ID to nriservices@sbilondon.com & a copy to mgr.nri@sbilondon.com. Please quote your Identification No and the correct Bank Account no and Bank, Branch details with a request to transfer in RUPEES.  

Step – V

Get a confirmatory email from SBI UK office for remittance. The transfer will be done on the 3rd working day/on receipt of your BACS funds, at that day’s Rupee exchange rate.

NOTE  - This facility is currently available at State Bank of India, London Main branch only.

• Current signed passport
• Current full U.K. Driving License - preferably in photo-card format
• National photo Identity Card issued by Government Agency
  (Please do not send any original document from the above list by post)

• Any utility bill ( e.g. gas, electricity, water, telephone excluding mobile phones)
• Council/local authority tax bill
• Bank, building society or credit card statement.