Ibanking P2P commercial

International Account to Account fund transfers through Online and Mobile Banking

Please refer to the below guide for details of fund transfers initiated through Online/Mobile banking:

Destination Country for Account to Account Fund Transfer *	Processing times and fund transfer rules
India	Transfer up to USD 93,000 (INR 7,800,000) within 5 minutes from your Standard Chartered Bank account. · SWIFT cut-off times apply for transfers above USD 93,000 (GBP 71,000 approximately) · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · Monthly transfer limit to a single payee is USD 1,000,000/- (INR 82,948,500 approximately). Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.
UK	Transfer up to USD 93,000 (GBP 71,000 approximately) within 60 minutes from your Standard Chartered Bank account · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 93,000 ( GBP 71,000 approximately) · Monthly transfer limit to a single payee is USD 1,000,000/- ( GBP 785,130 approximately). Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.
Australia	Transfer up to USD 93,000 (AUD 141,000 approximately) within the Next Business Day from your Standard Chartered Bank account · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 93,000 (AUD 141,000 approximately) · Monthly transfer limit to a single payee is USD 1,000,000/- (AUD 1,520,000 approximately). Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.
United States	Transfer up to USD 93,000 in 1 Business Day’s time from your Standard Chartered Bank account · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 93,000 · Monthly transfer limit to a single payee is USD 1,000,000/- Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.
Canada	Transfer up to USD 93,000 (CAD 125,400 approximately) within 1 Business Day’s time from your Standard Chartered Bank account · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 93,000 (CAD 125,400 approximately) · Monthly transfer limit to a single payee is USD 1,000,000/- (CAD 1,348,000 approximately) Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.
SEPA/Euro Zone Region	Transfer up to USD 93,000 (EUR 85,000 approximately) within 60 minutes from your Standard Chartered Bank account · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 93,000 (EUR 85,000 approximately) · Monthly transfer limit to a single payee is USD 1,000,000/- (EUR 917,500 approximately) Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit. SEPA/Euro zone region countries are Belgium, Germany, France, Ireland, Austria, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, San Marino, Vatican City, Andorra, Monaco, Iceland, Norway and Liechtenstein.
Sri Lanka	Transfer up to USD 25,000 ( LKR 4,515,100 approximately) within 5 minutes from your Standard Chartered Bank account. · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 25,000 ( LKR 4,515,100) · Monthly transfer limit to a single payee is USD 125,000 (LKR 22,638,306 approximately). Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit.
Jersey	Transfer up to USD 93,000 (GBP 71,000 approximately) within 60 minutes from your Standard Chartered Bank account · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 93,000 ( GBP 71,000 approximately) · Monthly transfer limit to a single payee is USD 1,000,000/- ( GBP 785,130 approximately). Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.
Pakistan	Transfer up to USD 2,000 (PKR 312,000 approximately) within 60 minutes from your Standard Chartered Bank account. · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 2,000 (PKR 312,000 approximately). · Monthly transfer limit to a single payee is USD 9,500/- (PKR 1,482,550 approximately)Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit.
Bangladesh	Transfer up to USD 25,000 (BDT 2,114,000 approximately) in 24-hours from your Standard Chartered Bank account. · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 25,000 (BDT 2,114,000 approximately). · Monthly transfer limit to a single payee is USD 125,000/- (BDT 10, 570,000 approximately). Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit..
Philippines	Transfer up to USD 960 (PHP 50,000 approximately), from your Standard Chartered Bank account per transaction. · Credit is usually next day, however, the arrival of funds into the recipient ‘s account is dependent on the handling process at receiving service provider/bank. · SWIFT cut-off times apply for transfers above USD 960 (PHP 50,000). · Monthly transfer limit to a single payee is PHP 500,000. Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit.
Other Countries	Other countries – as per SWIFT cut-offs and generally within 1-2 working days

Destination Country for Account to Account Fund Transfer *

Processing times and fund transfer rules

India

Transfer up to USD 93,000 (INR 7,800,000) within 5 minutes from your Standard Chartered Bank account.

· SWIFT cut-off times apply for transfers above USD 93,000 (GBP 71,000 approximately)

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· Monthly transfer limit to a single payee is USD 1,000,000/- (INR 82,948,500 approximately).

Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.

UK

Transfer up to USD 93,000 (GBP 71,000 approximately) within 60 minutes from your Standard Chartered Bank account

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 93,000 ( GBP 71,000 approximately)

· Monthly transfer limit to a single payee is USD 1,000,000/- ( GBP 785,130 approximately).

Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.

Australia

Transfer up to USD 93,000 (AUD 141,000 approximately) within the Next Business Day from your Standard Chartered Bank account

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 93,000 (AUD 141,000 approximately)

· Monthly transfer limit to a single payee is USD 1,000,000/- (AUD 1,520,000 approximately).

Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.

United States

Transfer up to USD 93,000 in 1 Business Day’s time from your Standard Chartered Bank account

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 93,000

· Monthly transfer limit to a single payee is USD 1,000,000/-

Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.

Canada

Transfer up to USD 93,000 (CAD 125,400 approximately) within 1 Business Day’s time from your Standard Chartered Bank account

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 93,000 (CAD 125,400 approximately)

· Monthly transfer limit to a single payee is USD 1,000,000/- (CAD 1,348,000 approximately)

Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.

SEPA/Euro Zone Region

Transfer up to USD 93,000 (EUR 85,000 approximately) within 60 minutes from your Standard Chartered Bank account

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 93,000 (EUR 85,000 approximately)

· Monthly transfer limit to a single payee is USD 1,000,000/- (EUR 917,500 approximately)

Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.

SEPA/Euro zone region countries are Belgium, Germany, France, Ireland, Austria, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, San Marino, Vatican City, Andorra, Monaco, Iceland, Norway and Liechtenstein.

Sri Lanka

Transfer up to USD 25,000 ( LKR 4,515,100 approximately) within 5 minutes from your Standard Chartered Bank account.

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 25,000 ( LKR 4,515,100)

· Monthly transfer limit to a single payee is USD 125,000 (LKR 22,638,306 approximately). Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit.

Jersey

Transfer up to USD 93,000 (GBP 71,000 approximately) within 60 minutes from your Standard Chartered Bank account

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 93,000 ( GBP 71,000 approximately)

· Monthly transfer limit to a single payee is USD 1,000,000/- ( GBP 785,130 approximately).

Transfers above this limit will not be processed. Please visit your nearest branch or contact your relationship manager (applicable only if you are enrolled for email indemnity facility) to request for transfers above this limit.

Pakistan

Transfer up to USD 2,000 (PKR 312,000 approximately) within 60 minutes from your Standard Chartered Bank account.

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 2,000 (PKR 312,000 approximately).

· Monthly transfer limit to a single payee is USD 9,500/- (PKR 1,482,550 approximately)Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit.

Bangladesh

Transfer up to USD 25,000 (BDT 2,114,000 approximately) in 24-hours from your Standard Chartered Bank account.

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 25,000 (BDT 2,114,000 approximately).

· Monthly transfer limit to a single payee is USD 125,000/- (BDT 10, 570,000 approximately). Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit..

Philippines

Transfer up to USD 960 (PHP 50,000 approximately), from your Standard Chartered Bank account per transaction.

· Credit is usually next day, however, the arrival of funds into the recipient ‘s account is dependent on the handling process at receiving service provider/bank.

· SWIFT cut-off times apply for transfers above USD 960 (PHP 50,000).

· Monthly transfer limit to a single payee is PHP 500,000. Transfers above this limit will not be processed. Please visit your nearest branch to request for transfers above this limit.

Other Countries

Other countries – as per SWIFT cut-offs and generally within 1-2 working days

Important notes on Transfers to Accounts:

While the indicative transfer time of funds to your beneficiary country is listed above, do note that international fund transfers are subject to statutory risk checks and it is possible for a transfer to take longer than indicated. International remittances are powered by SWIFT and Mastercard.
Correspondent Bank Charges: Transactions to the above-mentioned countries and “Other Countries” may incur a correspondent banking fee, if they do not satisfy the above-mentioned transfer rules.
All remittances to corporate entities will follow SWIFT cut offs and will generally be between 1-2 working days. These may also incur a correspondent banking fee.
Same currency transfers will only go via SWIFT and may incur correspondent bank fees.

Instant International fund transfer to VISA Credit & Debit Cards, using Online and Mobile Banking

Please refer to the below guide for details of fund transfers to International VISA Credit & Debit Cards through Online/Mobile banking. The list below is indicative and will be refreshed from time to time, there could be additional service limitations imposed by individual banks due to their system conditions or regulatory requirements. Credit to the beneficiary bank VISA Credit or Debit card is usually within 5 seconds.

*Please note that you will be able to make a total of 5 payments to the same VISA Credit or Debit card within a 60 day time frame. The 6th payment to the same card will not be successful.

Destination Country for VISA Credit/Debit card transfers	Banks enabled for Cross Border VISA Card Payments
India	BANK OF MAHARASHTRA
	CANARA BANK
	CENTRAL BANK OF INDIA
	CORPORATION BANK
	DCB BANK LIMITED
	ICICI BANK LTD
	IDBI BANK LTD.
	IDFC BANK LIMITED
	INDUSIND BANK LIMITED
	TAMILNAD MERCANTILE BANK LIMITED
	THE FEDERAL BANK LTD
	THE SOUTH INDIAN BANK LTD
Philippines	BANCO DE ORO UNIBANK, INC.
	CTBC BANK (PHILIPPINES) CORPORATION
	DEVELOPMENT BANK OF THE PHILIPPINES
	EAST WEST BANKING CORPORATION
	EQUICOM SAVINGS BANK, INC.
	LAND BANK OF THE PHILIPPINES
	METROBANK CARD CORPORATION (A FINANCE COMPANY)
	PAYMAYA PHILIPPINES, INC.
	RCBC SAVINGS BANK INCORPORATED
	RIZAL COMMERCIAL BANKING CORPORATION
	ROBINSONS BANK CORPORATION
	STERLING BANK OF ASIA, INC.
	UNION BANK OF THE PHILIPPINES
	UNITED COCONUT PLANTERS BANK
Pakistan	ASKARI BANK LIMITED
	BANK ALFALAH LIMITED
	BANKISLAMI PAKISTAN LIMITED
	DUBAI ISLAMIC BANK PAKISTAN LIMITED
	FAYSAL BANK LIMITED
	HABIB BANK LIMITED
	HABIB METROPOLITAN BANK LIMITED
	JS BANK LIMITED
	MCB BANK LIMITED
	MEEZAN BANK LIMITED
	SINDH BANK LIMITED
	SUMMIT BANK LIMITED
Sri Lanka	AMANA BANK LTD
	BANK OF CEYLON
	CENTRAL FINANCE COMPANY PLC
	CITIZENS DEVELOPMENT BUSINESS FINANCE PLC
	COMMERCIAL BANK OF CEYLON PLC
	COMMERCIAL LEASING AND FINANCE PLC
	DFCC BANK PLC
	HATTON NATIONAL BANK PLC
	LB FINANCE PLC
	LOLC FINANCE PLC
	MELSTA REGAL FINANCE LTD
	NATIONAL DEVELOPMENT BANK PLC
	NATIONAL SAVINGS BANK
	PAN ASIA BANKING CORPORATION PLC
	PEOPLE’S BANK
	SAMPATH BANK PLC
	SENKADAGALA FINANCE PLC
	SEYLAN BANK LIMITED
	UNION BANK OF COLOMBO LTD

Instant International fund transfer to International Digital Wallets, using Online and Mobile Banking

Fund transfers to an international wallet payee is a new service. The list of wallet providers will be refreshed on an on-going basis. Please note that there could be additional service limitations imposed by individual banks/wallet providers due to their system conditions or regulatory requirements.

Destination Country for Account to Digital Wallet Fund Transfer	Wallet Name	Processing times and fund transfer rules
Kenya	Safari Com	Transfer up to USD 670 (KES 70,000 approximately) instantly from your Standard Chartered Bank account. · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · Monthly transfer limit to a single payee is USD 5,000 (KES 518,000 approximately) Transfers above this limit will not be processed. Your next transfer to this beneficiary will only be possible 30 days from the initial transfer.
Philippines	GCASH	Transfer up to USD 960 (PHP 50,000 approximately) instantly from your Standard Chartered Bank account. · The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank. · Monthly transfer limit to a single payee is USD 25,000 (PHP 1,294,000 approximately). Transfers above this limit will not be processed. Your next transfer to this beneficiary will only be possible 30 days from the initial transfer.

Destination Country for Account to Digital Wallet Fund Transfer

Wallet Name

Processing times and fund transfer rules

Kenya

Safari Com

Transfer up to USD 670 (KES 70,000 approximately) instantly from your Standard Chartered Bank account.

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· Monthly transfer limit to a single payee is USD 5,000 (KES 518,000 approximately) Transfers above this limit will not be processed. Your next transfer to this beneficiary will only be possible 30 days from the initial transfer.

Philippines

GCASH

Transfer up to USD 960 (PHP 50,000 approximately) instantly from your Standard Chartered Bank account.

· The arrival of funds into the recipient‘s account is dependent on the handling process at receiving service provider/bank.

· Monthly transfer limit to a single payee is USD 25,000 (PHP 1,294,000 approximately). Transfers above this limit will not be processed. Your next transfer to this beneficiary will only be possible 30 days from the initial transfer.