NRI Services through SBI UK branches - Remittances to India · PDF file · 2016-06-28NRI Services through SBI UK branches are available to SBI UK account holders. State Bank of India

NRI Services through SBI UK branches

NRI Services through SBI UK branches are available to SBI UK account holders.

State Bank of India UK operations is a facilitator for Non Residential Indian (NRI) Accounts which are offered by our parent company’s (SBI) branches in India. These accounts are not covered by FSCS and are not supervised by any UK Banking regulations since they are domiciled in India.

All accounts opened by Non-Resident Indian (”NRI”)/Person of Indian Origin (PIOs) with SBI Branches in India under the Reserve Bank of India’s or State Bank of India’s (”SBI”) deposit program are neither maintained at, nor serviced by, any offices of SBI in the United Kingdom. These accounts are NOT the obligations of any office of SBI in the United Kingdom. As a courtesy and accommodation, branches of SBI in the United Kingdom extend assistance to you with respect to matters involving branches of SBI in India.

Any office of SBI in the United Kingdom and/or its officers, staff representatives, etc., shall not, in any way, be liable or responsible for any alleged deficiency in such assistance, nor for any dispute that you may have with any of the services provided by an office or branch of SBI in India. Any information provided as general guidance is neither a solicitation for business, investment advice nor tax advice.

Customers and prospects who may be subject to UK taxation or the reporting of financial assets to the HMRC, should consider seeking professional advice before opening or operating a NRI account.

All NRI Account are opened, maintained and serviced by SBI Branches in India. SBI UK acts on your behalf to forward your requests of account opening and servicing to India. Please note that you will need to contact the Indian branch to avail information about your accounts or to make any changes to the accounts.

Account Type: Status (Please tick appropriate box)

Non Resident India (NRI) Person of Indian Origin (PIO) Overseas citizenship of India (OCI)

Funding Remarks:

Customer Acknowledgement with details of India Branch

Cheque No. ................................. Date .................................... Amount ............................... Bank & Branch ..................................

Branch Name : ............................................................................................................................................Branch locator available at http://www.sbi.co.in/?action=branchlocator

Branch code : .............................................................................................................................................

Email Address : .............................................................................................................................................

Phone no. : .............................................................................................................................................

LCPC : .............................................................................................................................................

UK Branch Reference No : ...................................................................................................................

Stamp, Sign & Date of

receiving SBI UK Branch

Please do not deposit cash as initial deposit towards NRE/ NRO account opening. Funds may be transferred to such accounts subsequent to their opening.

Self-Declaration of the Current (Overseas) Address

Date: The Branch Manager State Bank of India,

____________________ Branch,

India

Declaration of overseas address for account opening

I am applying for ________ <please mention NRE / NRO / FCNR (B) / RFC> account with your Bank. I am giving hereunder my current overseas address for your records.

Current Overseas address: ______________________________________________________

______________________________________________________________________________

City: ________________________ PIN: ____________ Country: ________________________

I also confirm, in the event of change in address due to relocation or any other reason, I would intimate the new address to the Bank within two weeks of such a change. Thanking You. Yours faithfully, ( ) Name :

CUSTOMER CONSENT LETTER

Date:

The Branch Manager State Bank of India,

_____________________ Branch,

_____________________ (Country Name)

Madam / Dear Sir,

CONSENT LETTER

At my/our request, you have accepted to send my / our account opening application / request letter to

required / home branch of State Bank of India in India through any of the electronic and technological

mode for faster delivery and processing. I/We agree that the transactions & request executed in such

manner will be legally binding on me/us.

Thanking You.

Yours faithfully,

Name of the account holder (s):

Account No (s) (if any):