US Dollar Remittance
State Bank of India, New York Branch will send money transfer/remittances for Deposit customers only. They may choose to open Checking/Money Market Deposit Account. Customer manual and forms are available on our website.
State Bank of India, New York Branch will send money transfer/remittances for Deposit customers only. They may choose to open Checking/Money Market Deposit Account. Customer manual and forms are available on our website.
The remittance may be delayed -
If the amount in USD is to be converted to Indian Rupees in India, it shall be done by the branch in India to which the SWIFT message is sent. While the exchange rate is not known in advance (due to difference in time zones), exchange rate offered by SBI in India is generally very competitive.
Federal law requires all banks to identify their customers. Open a Checking/Money Market Deposit Account with us. Download the account opening forms (DEP 1 or DEP 3, DEP MC, along with Form ‘Register Recipient) and the remittance request form (RMT 2I).
The forms have a Step-by-Step Guide that will enable you to complete the process effortlessly. For subsequent remittances, you will need to fill only the remittance request form RMT 2I and send it to us by mail or signed request through Online Banking Secure Message System or submit it in person at the branch. If we do not have your recipient registered with us (through a Form Register Recipient), we shall make a telephone call back to confirm the authneticity of the instruction in order to protect your funds and identity.
For remittances | Call: 212-521-3236 / 3317 Fax number: (212) 521-3363 |
Email: remit.nyb@statebank.com |
For Checking, Money Market Deposit, CD Accounts | Call: 212-521-3219 / 3286 Fax number: (212) 521-3361 |
Email: supdrs.nyb@statebank.com mgrdep.nyb@statebank.com |
For queries related to NRO / NRE / FCNR accounts with SBI branches in India | (24/7) Toll free number : 1 866 328 4209 |
Forms For | Form No. | Formats Available |
---|---|---|
Remittance Requests | ||
Indian Rupee INR remittances to any Bank in India / USD remittances to a State Bank Branch in India | RMT-2I | Fill in PDF |
Wire transfers within USA / USD remittances to a non-State Bank Branch in India / Remittances in currencies other than USD / INR | RMT-2C | Fill in PDF |