Why Choose SC Remit:

Our fully-digital remittance service makes international money transfers a quick and hassle-free process. SC Remit allows you to transfer funds from your overseas account to your own or your loved ones having accounts in SCB India. To avail this facility, login to your SCB India online banking and place your request digitally.

Swift, same-day remittances

Unlock same day credit into your SCB India Account for transfers initiated from your overseas account held at any bank in Singapore, UK & USA.

Competitive exchange rates*

Get more from exchange rates designed to enhance the value of your fund transfers every time.

Real time tracking

Track your fund transfers in real time to ensure confidence and clarity every step of the way.

Multiple-currency support

Remit money in GBP, SGD, and USD, with swift processing at exchange rates designed to ensure you get your money’s worth, every time.

Safety and security

Transfer funds securely through SCB India’s Online Banking ,with thorough encryption and authentication practices to keep your transactions safe.

Access anytime, anywhere

Built for seamless inward remittances at your convenience, access SC Remit on the go, whether on your mobile device or desktop.

Charges and Terms & Conditions

SC Remit is powered by Wise Payments LTD.
Click here for Wise Payments LTD Terms and Conditions & Click here for SC Remit Terms and Conditions.

Charges

Currency Variable Fee (On Transfer Amount) Fixed Fee
SGD 0.20% $ 1.5
GBP 0.25% £ 0.84
USD 0.32% $ 6.85

Seamless online money transfers to India: The SC Remit way

Online

All it takes is a few simple steps to send money to India:

Step 1

Visit the “International Transfers” on SC Mobile / Internet Banking & choose “ To India”

Step 2

Select the country you’re making the transfer from

Step 3

Enter the amount you wish to transfer

Step 4

Enter recipient’s details & complete the necessary verification

Step 5

Review the details and transfer funds securely

FAQs

General FAQs

SC Remit is a digital platform especially for NRIs to transfer funds to India in a quick and secure manner. Whether you are transferring funds to your own NRE/NRO account, or to family or friends, SC Remit strives to make the process as easy and convenient as possible.

SC Remit currently supports inward remittances in USD (US Dollar), SGD (Singapore Dollar), and GBP (British Pound Sterling).

No. The process is 100% digital and paperless.

SC remit offers Real time transfer tracking, through SCB India Online Banking.

FAQs on fees and exchange rates

Exchange rates are provided by our partner Wise Payments LTD, based on their real time market calculations. Customers can view and must accept the applicable rates displayed on screens before initiating the transfer.

FAQs on Safety and compliance

Yes, both Standard Chartered Bank and Wise comply with global and local regulations including KYC, AML, and RBI inward remittance guidelines, ensuring complete transparency every step of the way. The remitter has to undergo KYC verification at the time of initiating the request.

SCB India will require your basic information such as, your full name, nationality, current address, occupation, mobile number & email, to create your profile in SC remit platform.

Please note: Wise Payments LTD may also conduct its own KYC verification as part of the transfer process. For document requirements, please click here.

FAQs on timelines and limits

Currency Minimum Amount Maximum Amount
SGD $10 $1,000,000
USD $10 $1,000,000
GBP £10 £700,000

FAQs on support

Currently, this service is only available for individual-to-individual (P2P) transfers only. Business remittances are not supported.

For customer support, please reach out to nribanking.services@sc.com. Alternatively, click here to contact us. 

To submit a complaint for any queries or grievances, click here.

Contact Us

To know more, reach out to us on nribanking.services@sc.com. Alternatively, click here to contact us.
Alternatively, get in touch with your relationship manager or walk into your nearest Standard Chartered Bank branch today.

 

Disclaimer

*Exchange Rates are live, and market linked and may vary depending on market conditions.

SCB India has partnered with Wise Payments LTD ( Wise) as technology and remittance service provider, to facilitate inward remittances from Singapore, UK & USA corridors, including FX conversion, routing and delivery of funds. SCB India and Wise reserves the right to amend, suspend, or withdraw any feature, corridor, or service, including those offered in partnership with Wise, at its sole discretion. Your eligibility for these services shall be subject to SCB India and Wise internal policies, KYC due diligence, risk assessments, and regulatory guidelines and applicable laws.

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Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

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