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Money Transfer

Money Transfer

Use the SBI Canada Bank to move your money freely

       1. Move money for free with SBI Canada Bank.

       2. Transfer funds outside Canada at one of the lowest costs in Canada.

       3. Benefit from the competitive exchange rates offered by us to give you the full value of your money.

       4. Enjoy fast, reliable & secure service. The beneficiary account gets credited normally within two business days.

You may want to transfer funds to your family members or friends to any place in India or any other overseas location. At SBI Canada Bank, we made this process easy and fast. You can transfer your money quickly at one of the cheapest applicable rates in Canada. Take advantage of the enormous network of our Parent Bank State Bank of India - The largest financial group in India. Experience the power of 20,325 SBI Group Branches in India and 186 International Offices spread across 34 countries. With this expansive network, your money can reach almost everywhere in the world faster and at a very low cost.

The transfer of funds can be done in Indian rupees or in other currencies such as USD/CAD/ GBP/ EUR.

You can transfer money not only to State Bank of India, but to any Bank in India of your choice.

*Special Offer: In these difficult times, we stand with you!

Be closer to your loved ones and send remittance to INDIA free of charge by using Net banking and SBI Canada Anywhere Mobile App.

SBI Canada Bank offers money transfer services through multiple channels which are adapted to suit your needs. Use any of the following methods to transfer funds:

1.  Visit any SBI Canada Bank Branch and benefit from the personalized service offered by our dedicated staff.

2.  Use the online platform Net Banking simply register/ log in by clicking HERE. With Internet banking you can add a beneficiary to transfer money quickly.


     Get funds from and make payment to your account with other banks using Direct Bank Transfer (Transfer of Funds to Own accounts with other Banks).
     Use the comfort of your home to transfer funds both in Canadian Dollars and USD.


     For more information about Internet Banking you can refer to F&Qs


3.  Now you can perform money transfers even through your smartphone, simply download SBI CANADA Anywhere App from Apple Store (IOS Users) or Google Play (Android Users)

    Once downloaded, please click "Register" and enter your Internet Banking User ID & Password before using our SBI Canada Anywhere App.

     For charges and more information visit


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