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Dear Customers,
We have great pleasure in advising that State bank of India, Shanghai Branch has commenced RMB business with effect from 15th March 2010. We are the 1st Indian bank to have the Regulator¡¯s approval for RMB business ,and are now in a position to offer our customers, both Indian & Chinese, a wide range of products & services in FX as well as RMB.
We are now operating at a new premises (42nd Floor of K Wah Centre, 1010 , Huai Hai Zhong Lu), with improved customer convenience.
We are also now offering ¡®viewing rights¡¯ through our Internet Banking platform (OnlineSBIGlobal) to both retail & corporate customers. We will continue to add new products & services in our bouquet.
We have up-dated our web site ( pages related to Individual / Corporate Accounts and Remittance / Conversion facilities ) incorporating the features of the newly launched RMB business . We will continue to update further in other areas and as and when we add new facilities / services. We thank all of you for your continued support & patronage.
With regards,
Chief Executive Officer
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