SBI Remit International Transfer

SBI Remit is a secure, easy, and quick remit at relatively low feeinternational remittance service that offers money transfer solutions using the Ripple system, a real-time gross settlement system, currency exchange, and transfer network.

Contact Now

Detail Information

SBI Remit is an International Transfer service financial services and offers money transfer solutions by using Ripple system which is real-time gross settlement system, currency exchange and Transfer network. It’s built upon a distributed open-source protocol and taking advantage of Block-chain technology to enable "secure, instantly and nearly free global financial transactions”.

The company was established since 2010, H.Q in Tokyo, Japan with Shareholders: SBI Holding Group & Ripple Labs Inc located in Japan.

With SBI Remit you can experience secure, easy and quick remit at relatively low fees.  Your funds will be transferred directly to the beneficiary’s bank account with real time when the account number and name are matched.

Payment now is available for Inward Transfer from Japan to Cambodia

  • The beneficiary can be SBI Bank (Cambodia)’s customer or

  • The beneficiary is at another local bank’s customer.

Remark:

  • Transaction will process through API from Ripple to Core Banking System.
  • Transaction will process through API from Ripple to Bakong System.

Benefit

  • Security and peace of mind.
  • 24/7 Convenience & Multiple Channels.
  • Flexible Receiving Options & Global Network.
  • Offers some of the lowest remittance fees in Japan.
  • By leveraging Ripple and the global network, transfers are processed almost instantly.
  • Provides customer support in multiple languages, including Khmer. This makes it stress-free for Cambodian residents in Japan to resolve issues in their native language. 

Pricing for Inward SBI Remit

Currency Type

Amount

Commission 

USD

<= $10,000.00 for Individual (Per transaction per day)

 <= $ 50,000.00 for Corporate (Per transaction per day)

Free

 

Notice: The Terms and conditions, Pricing above are subject to change based on bank’s discretion.

How long does it take for Inward Transfer?

Normally, the process is through API System and real time transaction. It will auto credit when the account and name are matched.

How to transfer?

The applicant can process through SBI Remit App at Japan and complete Visit the nearest SBI Bank (Cambodia) PLC.’s branches, and complete the necessary information in the SBI Remit App.

Necessary Information for Inward SBI Remit

SBI Bank (Cambodia) Plc. has connections with SBI Remit that offer a quick transfer of money from Japan for an individual/corporation via API System between Ripple & Core Banking System.

You may need to provide Mandatory Information to the remitter/ sender to receive a money transfer from overseas as follows:

  • Beneficiary Account: Your account
  • Beneficiary Name: Your name maintained with SBI Bank (Cambodia) PLC.
  • Beneficiary DOB: Date of birth of the beneficiary
  • Beneficiary Address: Your address
  • Beneficiary Bank Name: SBI Bank (Cambodia) PLC. or Other Local Banks
  • Beneficiary Bank Swift/BIC: SBHRKHPP or Other Local Bank’s Swift Code
  • Purpose of Transfer: Details of Transfer
  • Amount: Amount of Transfer

For More Information

  • Visit our nearest branch to speak with our staff directly.
  • Contact our Call Center for Guidance and Support via Facebook Page or call: 023 980 888 / 093 671 111

Terms and Conditions

Terms and conditions are subject to change at the discretion of the Bank without prior notice to the Customer.

Related Remittance Services