General Services FAQ - top page Remittance services Q1 What is the money transfer business? A1 It is a business where currency exchange (remittance operations) are carried out by a general business company… Read more About the SBI Remit Q1 Is SBI Remit a bank? Can you send money legally, even though you are not a bank? A1 We are not a bank; rather we are a money transfer operator that specializes in remittance services pursuant to… Read more Usage summary Q1 How many days does it take from applying for membership until I can send funds? A1 It takes about one week to be able to send funds from the time of application if you register for membership o… Read more Q2 Will I be able to get the service if I don’t have an e-mail address? A2 If you want to make an“Online Remittance,” you must have an e-mail address. If you want to send fu… Read more Q3 How long will membership registration last? A3 There are no particular limits on the duration of the user contract for our services. You may use our services… Read more Fees Q1 How much are the remittance fees? A1 The fees vary depending on the country and region where the remittance is received. Please see “Fee̶… Read more Q2 Are there any costs required upon receiving and upon sending, apart from the remittance fees? A2 【When remitted funds are received overseas】 There are no costs payable upon receiving. However, there may be t… Read more Other Q1 I need details of the remittance – where can I get them? Also, can I use the details to apply for deductions for dependents? A1 If you log in to the member’s site, you can print them off from “Remittance Details.” > &… Read more Q2 How do you protect monies deposited with you for remittances? A2 Pursuant to the Payment Services Act, funds are securely protected until they are actually received by the rec… Read more FAQ - top page