State Bank of India (Canada)

Service Charge on Remmitance Draft.

• Drafts in Indian Rupees:            

  Account Holders	$ 20
  Seniors having Account with SBIC (60 years and above)	$ 15
  Non Account Holders	$ 25

  
  

•  Drafts in Canadian Dollars:       

  Draft in CAD only

  $ 25

             

INSTANT CREDIT / WIRE TRANSFER (SWIFT)

• Remittance in Indian Rupees:            

  Account Holders (Branch Transaction)	$ 8
  Non Account Holders	$18
  Seniors having Account with SBIC (60 years and above)	$ 5
  Account Holder Internet Banking	$ 5

• Remittance in CAD & Other Currencies

  Remittance in CAD & Other Currencies (Other than Indian Rupees)

  $ 25

         

NOTE : : Please note that if the proceeds of the draft/ instant credit/wire transfer are to be paid to a beneficiary's account in another branch / bank, the drawee branch at the destination may deduct its out of pocket's expenses/ drafts/banker's cheque issue charges from the remittance amount.

INWARD REMITTANCE

• Processing charges for pass through transaction (Remittances meant for other banks) Other Bank Charges apply

  $ 15

SERVICE CHARGES FOR SAVINGS BANK

• Account Maintenance Charges

  $ 5 per month

SERVICE CHARGES FOR SUPER SAVER ACCOUNT

SERVICE CHARGES FOR CURRENT ACCOUNT

*Account Maintenance Charges * Charges waived if minimum balance of $ 2000 is maintained	$ 10 per month
Transaction Charges	$ 0.50 per transaction
Minimum Balance Between $ 2,000 - $ 5,000 5 Transaction Free Between $ 5,001 - $ 10,000 20 Transaction Free Above $ 10,001 50 Transaction Free

OTHER ACCOUNT RELATED SERVICES
(In Respective Currency)

Duplicate Statement of account (For Business Accounts)	$ 10 per sheet
Certified Cheque	$ 10
Certified Balance / Balance Confirmation	$ 10
Insurance of Official Cheque	$ 10
Stop Payment of Cheques Subject to maximum of $50 per instance	$ 10 per cheque
N.S.F Items returned (Both Inward and Outward Clearing)	$ 20
Misc. Investigation fees (>90 Days old) (> 3 Years)	$ 25 per item $ 50 per item
Cheque collection outside Canada / USA (Other Bank Charges as may apply)	$ 30 per item
Closure of account within 6 Months (Closure of account within 14 days or after 6 months – No Charges)	$ 25
Dormant Accounts (Account where no transaction has taken place for 24 months) A/C Dormant for 2 years & upto 4 years $ 20 A/C Dormant for 5 years & upto 8 years $ 30 A/C Dormant for 9 years or more $ 40

OTHER SERVICE CHARGES

• Issue of Life Certificate for (India) pensioners	$ 5
  Refund / Replacement of lost/ stolen drafts	$ 25 per instance
  Certification of loan documents	$ 10 per sheet
  Safety Deposit Box ( wherever available – Size of Box may vary from branch to branch) (Collected in advance)	Small Box $ 75 Medium box $100 Large box $150

CASH HANDLING CHARGES

• Cash above $2,500 per instance	$2.00 per $1,000 or fraction thereof (Minimum $ 5 )
  Unless otherwise stated, all charges are payable in Canadian Dollars. Charges for US Dollar accounts are payable in US Dollars

Debit Card/ATM information

Daily Limit:

• ABM Cash withdrawal - C$ 500
• Direct Payment Purchase - (POS) C$ 1000

Weekly Limit :

• ABM Cash withdrawal – C$ 1000
• Direct Payment Purchase (POS) – C$ 2000