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Instant and FREE Remittance

Warning
The actual time to complete a transaction may differ from estimates due to increased scrutiny of transactions by the correspondent bank/financial institution or entity providing financial services to the beneficiary of remittances Additional fees may be levied by the correspondent bank/financial institution or entity providing financial services to the beneficiary of remittances. Penalties and Fees may be applied if there is a customer error or omission in providing correct or incomplete information for remittances. This product/service may be affected by changes in foreign currency exchange rates.

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International Fund Transfers

Important Information

    “Correspondent banks and intermediary banks both serve as third-party banks and are used by issuing & beneficiary banks to facilitate international fund transfers. An issuing bank & beneficiary bank is the sending & receiving bank where a person or entity has an account. The following correspondent banks are utilized by SIB for remitting funds across the globe, the same correspondent banks may be used to receive funds from other banks across the globe.”

     

    *The list of banks appended below is dynamic and can change as new relationships are formed with other international banks.

Related Documents

Cash Pickup List

Correspondent Banks

Fund Transfer Key Facts

Purpose of Payment Codes

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