SBIC Bank · U.S. to India (USD → INR)

SBIC SendMoneyEZ U.S. to India

USD → INR

Send money from an eligible SBIC Bank deposit account to an Indian bank account through SendMoneyEZ. Online and mobile remittances have no transfer fee, subject to daily limits.

Pros

  • No transfer fee through online and mobile remittance
  • Real-time deposit alerts

Cons

  • An eligible SBIC Bank deposit account is required
  • Standard daily limits and account-specific restrictions apply
  • The exchange rate still affects the final INR amount

Generated from the provider's published terms and reviewed against official sources.

Eligibility and application requirements

U.S. address: Not confirmed

Residency and other conditions: An eligible SBIC Bank deposit account and enrollment are required. Transfers are subject to account verification, daily limits and current remittance disclosures. Recipient bank account details are needed. Reviewed 2026-10-12. Official source: https://sbic.bank/remittance

Geographic restrictions: Not confirmed. Confirm availability in your state.

Product review: 31 Oct 2026. Source retrieval dates below are separate from editorial verification. An accepted ITIN does not establish residency eligibility.

Compare remittance requirements and costs · How we assess published requirements

Check SBIC Bank for the INR received, transfer fee and estimated arrival for your transfer.

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Payment options, limits and identity requirements have not yet been confirmed for this listing.

Fees and exchange rate

Transfer fee No online/mobile remittance transfer fee for eligible SBIC Bank deposit account holders, within daily limits — checked 2026-10-30. Source ↗
Exchange rate SBIC sets a customer exchange rate including markup; review the pre-payment disclosure. Quote only: standard rate 94.21 INR per USD for transfers up to $10,000, as of 2026-10-30.
Other costs Your funding bank or recipient bank may charge separately. Compare the total INR received.

Payment and delivery options

You pay with Requires availability confirmation
Recipient receives via Bank deposit, UPI and cash pickup require availability confirmation

Requirements and limits

Residence Not confirmed
Identity documents An eligible SBIC Bank deposit account and enrollment are required. Transfers are subject to account verification, daily limits and current remittance disclosures. Recipient bank account details are needed. Transfers above $10,000 and beneficiary changes trigger a verification call.
SSN / ITIN Confirm current SSN/ITIN and document requirements with the provider. · ITIN not confirmed
Sending limits Online: up to $50,000/day for branch-opened accounts; $25,000/day and $50,000 per rolling 30 days for online-opened accounts. Mobile: $25,000/day and $50,000 per rolling 30 days. In-branch: no limit. Per month means any 30 consecutive days. Account-opening-channel differences confirmed on the live page — checked 2026-10-31. Source ↗
State availability Confirm availability in your state

Help and evidence

Support, cancellation and refunds

Support details are not confirmed.

Cancellation / refund: Policy not confirmed

Official sources

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This information is educational and does not guarantee eligibility or approval. The provider makes the final decision.