We can send these remittances to branches of SBI in India that are authorized to handle foreign exchange.
Conversion to Indian Rupees and Exchange Rate applied in India 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 and its Associate Banks in India is generally very competitive.
Federal law requires all banks to identify their customers. 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, fax , scanned copy by e-mail remit.
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 authenticity of the instruction in order to protect your funds and identity. We are located on the second floor at Park Avenue, which is at the corner of Park Avenue and 57th Street E in Manhattan.
Foreign Exchange Related Service Charges - SBI Corporate Website
The nearest subway station is 59th Street and Lexington Avenue which can be reached by train No. Our business hours are 9 a.
SBI - Global Link Services
EST Monday through Friday. Cash Services available from 9 a.
State Bank of India - Corporate Banking
Forms For Form No. Customer manual and forms are available on our website.