Register for Remittance Services with SBIC Bank

Register for SBIC Bank's Remittance Services and send money worldwide with ease. Enjoy secure transactions, competitive exchange rates, and a hassle-free experience when transferring funds to family, friends, or business partners in India and internationally.

REMITTANCE REGISTRATION ACCOUNT

Secure and Easy Money Transfers

Our Remittance Registration account is a convenient checking option tailored for individuals who frequently send money to India, Bangladesh, and other countries. Enjoy competitive exchange rates, secure transactions, and fast processing, generally delivered within hours.

WHY SBIC BANK

Why Register for Remittances with SBIC Bank?

Signing up for our remittance register account means accessing reliable money transfers backed by industry-leading security measures. With SBIC Bank, you'll enjoy:

  • No transfer fees online: Send via the SBIC Bank Mobile App or Online Banking with no transfer fees, up to daily limits.*
  • No minimum balance: Keep only what you need to send.
  • $10 to open: Get started with as little as ten dollars.
  • 24/7 online and mobile banking access: Manage your account and initiate transfers anytime.
  • Same-day processing: Most transfers reach their destination within hours.*

Trust SBIC Bank as your remittance service provider and enjoy smooth transactions with complete transparency.

Who Can Register for a Remittance Account?

Our remittance register is designed for:

  • Frequent senders to India. If you're regularly supporting family, paying bills, or funding accounts in India, this account keeps it simple and cost-effective.
  • Customers who don't need a full checking account. No debit card, no check writing, no extras. Just a clean, dedicated remittance account.
  • New customers getting started with SendMoneyEZ®. Open online in minutes and start sending the same day.

Simply complete the remittance registration and start transferring funds securely within minutes. Are you an NRI customer looking for remittance options? Visit our NRI Services page.

How to Register for SBIC Bank’s Remittance Service

  1. Sign up online: Fill out our quick remittance registration form.
  2. Verify your identity: Upload the required documents for approval.
  3. Fund your account: Make your $10 opening deposit to activate.
  4. Start sending: Once verified, you can initiate transfers instantly.

As a trusted remittance service provider, SBIC Bank ensures your transactions are processed quickly and securely.

Key Points to Remember for Your SBIC Bank Remittance Registration Account:

SBIC Bank Remittance Registration Account is only available online. A debit card not issued for this account. Check writing is also not available for this account. This account does not earn interest.

A $5 fee will be imposed every month if the account holder does not authorize an eStatement.

Ready to Send? Start Here with SendMoneyEZ®

Open your account online and Register for SendMoneyEZ® in minutes, no branch visit required.

FAQs

Frequently Asked Questions About Remittance Registration

The remittance register refers to the process of signing up with a financial institution to legally transfer money to India.

Most registrations are completed within 24 hours, provided all necessary documents are submitted.

Yes, SBIC Bank offers a fast and secure online remittance registration process.

You’ll typically need a valid ID, proof of address, and details on the source of funds.

Yes, we are a fully regulated remittance service provider, providing secure and compliant transactions.

Limits may apply based on regulatory requirements. Contact our support team for details.

*Terms and Conditions may apply. An Account with SBIC is required to send a remittance. For accounts opened online, the online and mobile remittance limit is $25,000.00 per day and $50,000.00 per month.  For accounts opened at one of our branches, fees may apply. The mobile limit is $25,000.00 per day and $50,000.00 per month, and online limit is $50,000.00 per day. Same Day Processing means typically within 24 hours, excluding weekends and holidays.  Online remittances above $50,000.00 may take up to 1 to 2 additional business days to receive credit in beneficiary account. The Bank considers "per day" from 12:00:00 AM PST to 11:59:59 PM PST on the same calendar day and considers "per month" as any 30 consecutive days. Bangladeshi Taka (BDT) remittances are not included in any of our current promotions.  SBIC makes money when it converts one currency to another for you. The exchange rate provided to you is set by SBIC Bank in its sole discretion, and it includes a markup. SendMoneyEZ is a registered trademark of SBIC Bank.

SBIC Bank is a trusted remittance service provider, ensuring secure and seamless transactions worldwide.