The SBI completed 100 years of its operations in the UK. The bank started operating in the UK market in the year 1921

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Anupama Yadav

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DNA webdesk

Updated: Aug 30, 2021, 05:28 PM IST

People plan to move abroad for studies and jobs all the time and most of them face a problem regarding money transfer, loans and keeping a check on their account balance since they have to move from their Indian bank to a different country one which can be difficult to operate and understand. But the State Bank of India (SBI) has a solution for this. Ut has started a special account service for those moving to thr United Kingdom or the UK. 

This specific account can be opened digitally and accessed from anywhere in the world and is well equipped with new features. This special service is called Namaste UK for Indians going to the UK. Keep in mind that this account can only be opened only through SBIs YONO SBI UK Digital Banking App. 

You can bank with us, anywhere and anytime!

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

— State Bank of India (@TheOfficialSBI) August 28, 2021

The bank will provide customers with this account with a free international debit card, the transactions from the UK at attractive rates. The exchange rate for money transfer from India to UK or UK to India will be conducted at a preferential exchange rate. Once the service is activated, the customer will be able to access an unlimited withdrawal facility.

The SBI completed 100 years of its operations in the UK. The bank started operating in the UK market in the year 1921.

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