How to send money to Bank of India

Bank of India

Founded in 1906, Bank of India is one of the five largest banks in India with more than 5,300 branches across the country.

• Enjoy guaranteed exchange rates and super-low fees

• The funds will usually be credited the same day

Make a Bank of India money transfer

WorldRemit is the fast and simple way to make a bank transfer to the Bank of India. Money can be transferred from more than 50 countries around the world to the accounts of family and friends in India. All you need are a few details from them and the funds will usually be credited the same day (transfers can take up to two working days).

A Bank of India international money transfer is a safe and secure way to send money to your loved ones. You can complete the transfer 24/7, using any device. We’ll show you our bank-beating exchange rates and low fees upfront.

How to make a Bank of India money transfer

Transferring money to a Bank of India account is easy. All you need to do is:

• Select the ‘Bank Transfer’ service on the India page and then click ‘Continue’

• Enter your intended transfer amount (you’ll be told if it exceeds maximum limits)

• Create an account or sign in if you haven’t already

• Enter the details of a new recipient or choose someone you’ve sent to before

• Choose your payment method and pay online

We’ll send you and your recipient SMS and email notifications when the funds have been credited.

What details will you need to complete the transfer?

We’ll ask for a few details about the person you’re sending the transfer to. That includes their full name, their bank branch, the IFSC branch code and their account number. To avoid delays, your recipient’s name should match the name on their bank statement exactly. We’ll also ask for your recipient’s mobile number so we can send them an SMS notification once the transfer has been made.

What’s the maximum limit for transfers to the Bank of India?

The maximum limit for transfers to personal accounts with the Bank of India varies depending on the country you make the transfer from and your payment method. For business accounts, there’s a maximum transfer limit of 1,500,000 Indian Rupees (INR). However, lower limits may apply.

What’s the fastest way to send money to India?

A bank transfer is currently the fastest way to send money to India. With WorldRemit, the money will be credited as soon as the funds are cleared. That will usually be on the same working day.

You can transfer money to accounts with all the major Indian banks. These include:

• SBI (State Bank of India)

• ICICI Bank

• HDFC Bank

• Union Bank of India

• Punjab National Bank

• Bank of Baroda

• Yes Bank

• IDFC Bank

• Axis Bank

• Canara Bank

• Federal Bank

• State Bank of Travancore

• State Bank of Hyderabad