Please request your bank/branch to use CHAPS for remittance and for the same, you need to provide the following information to your bank. This information should appear in the CHAPS message sent to us by your Bank to enable us to process your request.
Our account no. 00868302
Account name: State Bank of India
Sort code : 600159
Remarks: From (your name) against remittance in currency (INR/GBP/USD/Euro) to Beneficiary Account (name), account no, branch (name of the branch in India), Name of the Bank, Purpose of remittance.
(For example, From Mr.ABC against remittance in INR to Mr.PQR, account no.123456, MG Road Branch, XYZ Bank, Purpose of remittance).
The rate applicable will be the day we carry out the remittance depending upon the time we receive your Bank's CHAPS message.
Your remittance will be carried out on the same day if we receive the funds before 3 p.m. GMT and not the time you may have initiated the transfer. CHAPS message received after 3 p.m. GMT will be accounted for on the following day.