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State Bank of India exchange rate

Considering a State Bank of India international money transfer? Compare State Bank of India transfer fees and exchange rates, and get a better deal for sending money abroad.

Send
To
Exchange rates and fees per provider
CurrencyProviderShould arrive inTransfer feeExchange rateRecipient gets
Sending 1,000 GBP		Sending with Wise logo
INR
Indian rupee
State Bank of India logo
-
0.00 GBP115.200115,200 INR
Wise logo
Higher
in seconds
5.05 INR more
The above information applies when you pay in via bank transfer. 

About State Bank of India

State Bank of India is a public company, headquartered in State Bank Bhawan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India. It has been operating in banking, financial services industry since 1955. State Bank of India offers its customers products and services in retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance.

Popular currency exchange routes

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How long does it take to send money with State Bank of India?
The time it takes to send money with State Bank of India will depend on:
1

Where you’re sending money to

sending money to some currencies can take longer than others. Check our comparison table above to find an estimate for most world currencies.
2

The payment method you’re using

using a debit card or a credit card to fund your transfers is usually the quickest, but can come with an extra cost.
3

When you send your money

different banks have different cut-off times, which, if you miss them, can make your money transfer take longer. Weekends and bank holidays can also have an impact on the duration of your money transfer.

How much does it cost to send money abroad with State Bank of India?

The cost of international money transfers with State Bank of India will depend on where you are sending money from and to. Check our comparison table above to find a price for your money transfer.

Your chosen payment method can also come with extra costs. Bank transfer is usually the cheapest option, especially compared to payment with credit or debit card. In our comparison, we compare the costs using the bank transfer method.

This doesn’t show the whole picture, however. Unlike Wise, many banks advertise low fees, while adding hidden costs to the exchange rate. Often without telling you.

Compare State Bank of India to Wise to see how much you can save.

Get your money moving worldwide

Join over 16 million people who get the mid-market exchange rate with Wise, and send to 140+ countries, fast.

Our product is ideal for families living abroad.