SIB Telemoney - Online Money Transfer from Saudi Arabia to India

Telemoney - India is an electronic remittance facility to South Indian Bank accounts from Kingdom of Saudi Arabia. Under this arrangement remittance from KSA will be credited to beneficiaries’ SIB account within a short time by electronic transmission. South Indian Bank in association with Arab National Bank introduced the facility Telemoney - India which enables NRI’s in Saudi Arabia an easy means to transfer money to SIB accounts from any of the 93 designated branches of ANB in Saudi Arabia. Please click here for the list of TeleMoney - India centre in KSA. Any NRI can avail this facility; he/she need not be an ANB account holder.

While transferring through TeleMoney – India it is mandatory to provide 16 digit SIB account number of beneficiary.

The TeleMoney remittance service is simple, secure and speedy way to send money home to your loved ones. Under the TeleMoney – India, the ANB account holders will have the additional facility of fund transfer using Internet Banking, ANB ATM NETWORK or TeleMoney – PHONE BANKING FACILITY. This unique service allows you to remit funds at your convenience 24 Hours a day, 365 days a year. There is no need to visit any branch to remit money. These value added services like remittance through internet banking, ATM etc available only to ANB account holders.