HomeNewsBankingSBI Partners with Remitly for Secure and Easy Remittance to India

SBI Partners with Remitly for Secure and Easy Remittance to India

SBI Partners with Remitly for Secure and Easy Remittance to India – India’s largest lender, State Bank of India (SBI) has partnered with Remitly for safe and simple remittances to India. the partnership will enable NRIs to send money through SBI via Remitly to their family members while relaxing at home using mobile and web applications.

  • NRIs can send money to 17 Remitly nations thanks to a partnership between SBI and Remitly Remittances from Foreign Countries to India.
  • Remitly received permission from the US Department of Treasury as a money services firm to conduct business in all 50 states.
  • Users will have the option to send money through UPI, cash pickup, and bank deposits.
  • Users can send up to $30,000 with Remitly in a single payment.
  • users will pay zero transfer fees for transfers of $1,000 or more, even when using a debit card.
  • Remitly offers to transfer money to 130+ banks, including SBI, HDFC, Citi Bank, Axis Bank, and others.

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