SBI Partners with Transfast to help NRIs transfer money

first_imgThere is good news for Non-Resident Indians (NRIs) residing in the United States as they can easily send funds into their banks accounts in India. In this connection, State Bank of India (SBI) has tied up with US-based Transfast Remittance LLC to help Indian diaspora in remitting their funds back to India.SBI has tied up with Transfast to help NRIs living in US to transfer their funds back to India.Giving information about the partnership, Siddhartha Sengupta, DMD & Group Executive – International Banking, SBI, said, “We are happy to announce this mutually beneficial association with Transfast Remittance LLC. Now the Indian diaspora in the United States will be able to conveniently send funds directly into their account across various banks in India in the shortest possible time using SBI’s technology platform.”The partnership will enable the US-based NRIs to remit their funds to their bank account with any bank in India using the SBI’s network.Read it at CTI Related Itemslast_img read more

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