Customers of State Bank of India (SBI) who are planning to migrate to the United Kingdom (UK) from India can now use the YONO SBI UK App to open an SBI Namaste UK account. SBI has made a notice on the subject via its Twitter account today that "Open #NamasteUK bank account with SBI UK through YONO SBI UK mobile app and avail a host of benefits including preferential rate on money transfer to India. T&Cs apply."
YONO SBI UK mobile app also provided a range of banking options such as opening instant access savings account, YONO Remit (Remittance to India), opening fixed term deposit, opening cash ISA, opening flexi cash ISA, and also opening Namaste UK account. SBI UK has also mentioned on its official website that "YONO SBI UK has many services and benefits such as opening new bank account online, remittances to India at preferential exchange rates, UK payments, update contact information and other benefits. The app also enables customers to view both SBI UK and SBI India account, thereby improving the customer experience and ease-of-use. The app also comes with a strong cordon of device binding to protect the security of customer funds."
You can bank with us, anywhere and anytime!— State Bank of India (@TheOfficialSBI) August 28, 2021
Open #NamasteUK bank account with SBI UK through YONO SBI UK mobile app and avail a host of benefits including preferential rate on money transfer to India. T&Cs apply#UKVisit #YONOSBIUK #YONOSBI #BankAccount #100YearsofSBIUK pic.twitter.com/L7Py4HFwM9
"Banking at your fingertips. Make UK payments. Manage your fixed deposits and Cash ISAs. Remit funds to India 24x7 at attractive rates. View your SBI India Accounts. Update your contact details. You can even order a debit card. Download now from the Apple Store or Google play store," SBI has mentioned on its website.
Features and benefits Namaste SBI account
According to the official website of SBI, here are the benefits of having Namaste UK account:
- Deposits up to € 5000 before arriving to the UK.
- Must be opened using YONO SBI UK app.
- Free money transfers to India with preferential exchange rates.
- Free International Debit Card.
- Unlimited withdrawals and deposits once in the UK and account is activated.
- This service is available for Indian citizens migrating to UK from India on long term Visas only (not tourist visa).
- Customers can download the YONO SBI UK app, on both Android and iOS. They can also contact at email@example.com.