South Indian Bank Online Transfer

Is the South Indian Bank provides the facility of the Online money Transfer, than give me there complete details of it? How can I apply for the online money Transfer scheme? What are the benefits of the online money Transfer scheme of the South Indian Bank?

Hii sir, please tell me the about the to online money transfer schemes of the South Indian bank ?

[Raman Vij]

As you asking for the of the online money transfer schemes of the south Indian bank .

SIB Flash - Web based remittance from UAE
SIB Express - Online remittance from middle-eastTT REMITTANCE - Online remittance from middle-east
MTSS - Online Money Transfer Service Scheme


Here I am giving you the details of the online money transfer of the SIB Flash -

its an instantaneous credit facility to credit the beneficiaries’ account within seconds of remitting the fund at UAE Exchange.


Facilities :
REAL TIME credit facility to send remittances through all branches of UAE Exchange Centre, Abu Dhabi to South Indian Bank accounts.
The beneficiary’s account will be credited within seconds and that too without manual intervention.
First Bank and first Exchange House to have such a facility in India.
The remitter gets an SMS confirmation on completion of the remittance process within 60 seconds.
The beneficiary also gets an SMS, in the case of customers registered under Mobile banking.
Presently there is a cap of INR 20 Lakhs per remittances routed through FLASH, which may be reviewed and revised at a later date on mutual consent.
No additional charges to be borne by the remitter under SIB Flash. Only the normal charges applicable as in the case of SIB Express facility is collected by the EH.
It is a web based remittance via SIB Payment Hub.
State of the art security features are in place for this remittance facility.