Other Services
Forward Contracts
We offer forward contract booking facility for hedging import payments and export receivables in Foreign Currencies. Customers are required to contact Tokyo/Osaka Branch
Local Remittances in JPY
The customers can make local remittances in JPY through our bank.
Application form
https://www.sbijapan.com/downloads/Application_for_Domestic_Remittance.pdfFor remittance procedure click here Remittance Tokyo/Remittance Osaka
Local Remittances in USD
The customers can make local remittances in USD through our bank.
Application form
https://www.sbijapan.com/downloads/Application_for_Domestic_Remittance.pdfFor remittance procedure click here Remittance Tokyo/Remittance Osaka
How to make ‘Furi Komi’
Remitter may do a furi komi transaction through his/her bank for the The Procedure is given below
| For Tokyo Branch | For Osaka Branch |
|---|---|
| Name of customer:- (Your Name) Account No. (Your account number with our bank) Name of Bank: State Bank of India, Tokyo branch. Our JPY Correspondent: Mizuho Bank Ginza branch |
Name of customer:- (Your Name) Account No. (Your account number with our bank) Name of Bank: State Bank of India, Osaka branch. Our JPY Correspondent: Bank of Tokyo Mitsubishi UFJ Ltd. Senba Chuo Branch |
| Account No. : 0117640 | Account No. : 07311459 |
Collection of Clean Bill(s) / Cheque(s) payable at foreign centres
We can collect cheques and clean bills denominated in foreign currencies, through our correspondents in New York, London, Frankfurt etc. The rules governing the collection transaction are given on the back of the Application for Collection of Clean Bill(s) Payable in Foreign Countries / and Notice” . The customers are required to declare the required particulars pursuant to Article 3 of the “Law on reporting requirements on cross border payments and receipt for the tax law compliance”.
Application Form
https://www.sbijapan.com/downloads/Application_for_Collection_Bills_and_Cheques.pdfUSD Currency Note transactions
We can exchange USD currencies into JPY and vice versa only at Tokyo branch. Such exchange is permissible only for our account holders and notable individuals with the sole discretion of the bank. In the case of tendering of USD notes, the customers are required to declare the notes in the “Confirmation for Tendering US Dollar Notes”.
Internet banking
Internet Banking facility is available to retail customers through www.onlinesbiglobal.com. The application forms can be downloaded from this website and submitted to us. Customers can do Balance enquiry, get statements of account. Customers can also send requests for domestic as well as foreign remittance through Internet.