Transferring money from SBI Forex Card to Bank of America account can be a daunting task, especially if you are not familiar with the process. However, the good news is that it is a simple and straightforward process that can be completed in a few simple steps. In this article, we will explain in detail how to transfer money from SBI Forex Card to Bank of America account.
Step 1: Check your SBI Forex Card balance
Before you can transfer money from your SBI Forex Card to your Bank of America account, you need to know the balance on your card. You can check your balance by logging in to your SBI Forex Card account online or by calling SBI customer care. This will give you an idea of how much money you can transfer.
Step 2: Convert currency
If the balance on your SBI Forex Card is in a foreign currency, you will need to convert it to USD (United States Dollar) before you can transfer it to your Bank of America account. You can do this by visiting the SBI Forex Card website or by calling SBI customer care. Keep in mind that there may be a conversion fee, so be sure to check the fee before proceeding.
Step 3: Add your Bank of America account
Once you have converted your currency to USD, you will need to add your Bank of America account to your SBI Forex Card account. This can be done by logging in to your SBI Forex Card account online or by calling SBI customer care. You will need to provide your Bank of America account number, routing number, and other relevant information.
Step 4: Initiate the transfer
Once you have added your Bank of America account to your SBI Forex Card account, you can initiate the transfer. This can be done by logging in to your SBI Forex Card account online or by calling SBI customer care. You will need to provide the amount you want to transfer and confirm the transfer. The transfer should be completed within a few business days.
Step 5: Verify the transfer
After the transfer is completed, you should verify that the money has been credited to your Bank of America account. You can do this by logging in to your Bank of America account online or by checking your account balance at an ATM or a Bank of America branch.
Conclusion
Transferring money from SBI Forex Card to Bank of America account is a simple and straightforward process that can be completed in a few simple steps. It is important to check your balance, convert currency if necessary, add your Bank of America account, initiate the transfer, and verify the transfer. By following these steps, you can transfer money from your SBI Forex Card to your Bank of America account with ease.
