Terms and Conditions for ‘’Transfer Joy, Win Rewards’’

(Win £250 worth Amazon voucher every week/ Mega draw to win 256 GB iPad)

1. The promoter is State Bank of India (UK) Limited (SBIUK) (The “Bank””) (company no. 10436460.)] whose registered office is at 15 King Street, London, United Kingdom, EC2V 8EA.

2. The campaign is open to all UK residents who are 18 years old and above. However, employees of State Bank of India (UK) Limited or State Bank of India London Branch, their close relatives, and anyone connected with the organization or involved in judging the campaign are not eligible to enter.

3. Definitions

In these Terms and Conditions, unless otherwise defined, the following terms shall have the meaning as assigned to them below:

” Branch(es) refer to the branch offices of SBI UK in the United Kingdom, located in the City of London, Birmingham, Coventry, East Ham, Golders Green, Harrow, Hounslow, Leicester, Manchester, Southall, and Wolverhampton.

“Reward” refers to the chance of winning a prize in the form of a £250 worth amazon voucher or 256 GB iPad.

“Transaction” refers to money transfer to India (GBP to INR) using YONO SBI UK App, Internet banking and Branches.

4. The campaign ‘’Transfer Joy, Win Rewards’’, is running from 12 am Monday 13^th January 2025 to 11:59 pm Sunday 09^th March 2025. The competition involves money transfers either made through the branch(es), internet banking and/or via a non-customer journey on the Bank’s YONO SBI UK app. There is no entry fee or purchase required.

5. By participating in this campaign, entrants agree to abide by these terms and conditions.

6. The details of how to enter the competition are via SBI UK's website, SBI UK social media accounts namely Twitter (X), Instagram, LinkedIn and Facebook. 

7. You will be automatically entered into the weekly draw (for a chance to win £250 worth voucher) and/or monthly draw (for a chance to win 256 GB iPad).

8. The competition will run from 12 am Monday 13^th January 2025 and will end on 11:59 pm Sunday 09^th March 2025.

8.1 For a chance to win £250 worth voucher: This will involve a weekly competition, with entries only eligible during the specified opening and closing periods. Entries submitted outside of the weekly competition period will not be considered.

.

• Week 1: 13^th January 2025 – 19^th January 2025
• Week 2: 20^th January 2025 – 26^th January 2025
• Week 3: 27^th January 2025 – 2^nd February 2025
• Week 4: 3^rd February 2025 – 9^th February 2025
• Week 5: 10^th February 2025 – 16^th February 2025
• Week 6: 17^th February 2025 – 23^rd February 2025
• Week 7: 24^th February 2025 – 2^nd March 2025
• Week 8: 3^rd March 2025 – 9^th March 2025

8.2 For a chance to win 256 GB iPad: To enter for a chance to win a 256 GB Apple iPad, there will be a monthly competition. Please note that entries submitted outside of the specified opening and closing period will not be considered for the previous or following month's competition.

• Month 1: 13^th January 2025 – 9^th February 2025

• Month 2: 10^th February 2025 – 9^th March 2025

9. The competition ‘For a chance to win £250 worth voucher’ will open first day of each week at 12 am and will end at 11:59 pm on the last day of each week as per section 8.1 All times involved are local London, UK time.

10. The competition ‘For a chance to win 256 GB iPad’ will open first day of each month at 12 am and will end at 11:59 pm on the last day of each month as per section 8.2 All times involved are local London, UK time.

Entering the Competition:

11. Campaign period: As mentioned in section 8.1 and 8.2

11.1 Transactions eligible to enter the draw will have to:

1. 1. Complete within the campaign period.
   2. Transfers to be made only in GBP (Pound Sterling) currency to only in INR (Indian rupees)
   3. Transfers of over £500 will be eligible to enter a lucky draw for vouchers worth £250 each week.
   4. If you transfer more than £2000 in a month as per section 8.2, through one or more transactions, you will be eligible to enter a monthly draw to win a 256 GB iPad.
   5. Eligible transfers can be made either via YONO SBI UK App, internet banking or in-person at any Branch(es).

12. Transactions completed in a week will be eligible for the draw for that week only.

13. Each customer will be eligible for only one award during the campaign period. If, for example, you win an award in week 1, then you will not be eligible for any further awards during the campaign, even if you complete further eligible transactions.

14. The customer will be automatically eligible for campaign if they are transferring money to India.

15. If the customer wins the draw, they will be contacted by the SBI UK staff member through their contact details provided to the bank during the time of their account opening.

16. If a winner is not contactable within 14 working days of first time of initial notification, the Bank reserves the right to pick a replacement winner. This replacement winner will be selected from the same original batch of entries from which the original winner was selected and will be selected by the same method.

17. The Bank reserves the right to modify the T&Cs as and when deemed necessary.

18. The decision of the Bank will be final.

 Rules of the Competition:

19. The promoter reserves the right to cancel or amend the competition and these terms and conditions without notice in the event of a catastrophe, war, civil or military disturbance, act of God, or any actual or anticipated breach of any applicable law or regulation or any other event outside of the promoter’s control. Any changes to the competition will be notified to our social media accounts and website as soon as possible.

20. One reward per person will be allocated to the winner as a prize for this promotion.

21. The reward is as stated; no cash or other alternatives will be offered. The rewards are non-transferable.

22. One winner will be chosen by a panel of judges selected by SBIUK each week for a period of 8 weeks giving a total of 8 winners through randomiser tool. In addition, there will be one mega prize winner each month for a period of 2 months, with a total of 2 mega prizes distributed.

23. The winner will be notified within fourteen (14) working days of the closing date by the promoter. The winner will then have to visit their nearest branch to claim the reward.

24. The promoter’s decision in respect of all matters to do with the competition will be final, and no correspondence will be entered.

25. By entering this competition, an entrant indicates his/her agreement to be bound by these terms and conditions.

26. The competition and these terms and conditions will be governed by English law, and any disputes will be subject to the exclusive jurisdiction of the courts of England.

27. Any personal data relating to the winner, or any other entrants will be used solely per current UK data protection legislation and will not be disclosed to a third party without the entrant’s prior consent.

28. Please send queries related to the competition to Competitions.sbiuk@statebank.com

29. This promotion is not sponsored, endorsed, administered by, or associated with X, Instagram, LinkedIn and Facebook or any other Social Network. You are providing your information to SBIUK and not to any other party. The information provided will be used in conjunction with the SBIUK Privacy Policy found at https://sbiuk.statebank/privacy-policy.

Terms and Conditions for Queens of 90s Concert Ticket Giveaway

1. The promoter is State Bank of India (UK) Limited (SBIUK) (The “Bank””) (company no. 10436460.)] whose registered office is at 15 King Street, London, United Kingdom, EC2V 8EA.

2. The competition is open to all residents of the United Kingdom (UK) except for employees of State Bank of India (UK) Limited or State Bank of India (London Branch) and their close relatives and anyone otherwise connected with the Bank.

3. Under the terms of this campaign, there is no entry fee or purchase necessary to enter this competition.

4. These terms and conditions are the Competition Rules and apply to the competition featuring in any social media accounts of SBIUK as described below unless otherwise expressly stated. By entering a Competition, the entrants agree to be bound by these Rules.

5. The route to entry for the competition and details of how to enter are via SBIUK social media accounts with Instagram and Facebook.

1. 1. Instagram: sbi_uk

https://www.instagram.com/sbi_uk/

1. 2. Facebook: State Bank of India UK

https://www.facebook.com/StateBankofIndiaUK/

6. Entry Limitation:
   1. Only one entry per person will be accepted in this competition. If same person enters the competition on Facebook or Instagram, then only one entry will be counted.

7. Campaign Duration:
   1. The competition will run from Wednesday 8^th January 2025 to Tuesday 21^st January 2025. The deadline for this competition will be Tuesday 21^st January 2025, at 11:59 PM (BST). All entries submitted thereafter will be considered null and void.

8. SBIUK takes no responsibility for entries not received or technical issues, for whatever reason.

9. To enter the Competition:

1. Follow SBI UK on Facebook or Instagram.
2. Like the giveaway post on Facebook or Instagram.
3. Tag three concert buddies in the comments of the giveaway post on Facebook or Instagram.

10. Follow our pages links of which are given below:

1. 1. Instagram: sbi_uk
   2. https://www.instagram.com/sbi_uk/

1. 3. Facebook: State Bank of India UK
   4. https://www.facebook.com/StateBankofIndiaUK/

11. Five winners will be chosen by a panel of judges selected by SBI (UK) Limited and announced on 22^nd January 2025 and the winner will be notified through Direct Message via SBI UK social media platform. Each winner will receive 2 tickets to the Queens of the 90s concert, which will take place on Sunday 26^th January 2025 at 18.00 in OVO Arena, Wembley.

12. The promoter reserves the right to cancel or amend the competition and these terms and conditions without notice in the event of a catastrophe, war, civil or military disturbance, act of God, or any actual or anticipated breach of any applicable law or regulation or any other event outside of the promoter’s control. Any changes to the competition will be notified to our social media accounts and website as soon as possible.

13. Two entry tickets (e-ticket) will be allocated to the winner as a prize for this competition.

14. No cash or other alternatives will be offered, and the prizes are not transferable.

15. The winner will be notified through a Direct message by SBI UK’s social media account on the winner’s social media account at least two (2) working days before the concert. The promoter will ask for the winner's email address through private messages on the participant's chosen social media account (Instagram or Facebook). The promoter will then deliver the prize to an email address provided by the winner through our official competition’s email address as per point 21below.

16. We reserve the right to disqualify any entrant (at our sole discretion) if we have grounds to believe the entrant has breached any of the Rules.

17. If the winner cannot be contacted or does not claim the prize within one (1) day of notification, we reserve the right to withdraw the prize from the winner and pick a replacement winner.

18. The promoter’s decision regarding all matters related to the competition will be final, and no correspondence will be entered.

19. The competition and these terms and conditions will be governed by English law, and any disputes will be subject to the exclusive jurisdiction of the Courts of England.

20. Any personal data relating to the winners, or any other entrants will be used and stored solely as per current UK data protection legislation and will not be disclosed to a third party.

21. All queries related to the competition should be addressed to competitions.sbiuk@statebank.com.

22. The acceptance of these Terms will be considered an entry to the competition.

1. 1. This promotion is not sponsored, endorsed, administered by, or associated with Facebook, Instagram or Live-In concert. You are providing your information to SBIUK and not to any other party. The information provided will be used in conjunction with the SBIUK Privacy Policy found at https://sbiuk.statebank/privacy-policy

With the introduction of e-Visa policy effective from 1st January 2025, customers holding e-Visa, will temporarily not be able to open account using the YONO SBI UK app. 
Such customers can visit the nearest SBI UK branch for opening an account. You can locate the nearest SBI UK branch here. We regret any inconvenience caused.

This is to inform you that effective 1st January 2025, Flexi Cash ISA product will be discontinued. While this product will no longer be available to new customers, existing customers holding Flexi Cash ISA product will continue to enjoy all the current benefits and features associated with the account without any disruption till 28th February 2025.
As an existing Flexi Cash ISA customer, we will assist you to either: 
a)    Migrate your existing deposits under Flexi cash ISA to Cash ISA Fixed Deposit, at the prevailing interest rate, for a tenure of your choice. You can know more about our products and services by visiting our website - Cash ISA Fixed Deposit Account - SBI UK
b)    If you feel that this migration does not allow you to meet your financial goals, we will assist you in closing or transferring out your Flexi Cash ISA deposits to another service provider that can meet your requirements better.

We request you to complete this process on or before 1st March 2025 by visiting your nearest SBI UK Limited branch.

If we do not receive any instructions from your side regarding how to proceed with your deposit under Flexi Cash ISA latest by 1st March 2025, we will transfer your deposits to Cash ISA FD at the prevailing rate. However, you will have an option either to  continue  or withdraw funds from Cash ISA FD as per the applicable terms and conditions of the product enumerated at our website- (Cash ISA Fixed Deposit Account - SBI UK)

If you encounter any difficulty in understanding the above information or need any additional support, please do not hesitate to contact our customer care unit or visit the nearest SBI UK Limited branch. 
You can call us on 0800 532 532 (if you are calling from within the UK), or +44 207 454 4338 (if calling from outside the UK).
You can also contact us via email at customerservices.sbiuk@statebank.com 
For more information, see our General Terms and Conditions of Service.
We thank you for your understanding and support. 
 

This is to inform you that effective 15/12/2024, the interest rates for your Instant Access Savings Accounts are changing as per the table below.

*AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded once a year. Gross is the contractual rate payable before the income tax deduction at the rate specified by law.

Please note interest will not be paid on account balance above or below the specified amount brackets.

We hope that the bank’s products meet your requirement. However, if you feel that this change in rates does not allow you to meet your financial goals, we will assist you in all possible ways to move your funds to another banking service provider that can meet your requirements better.

If you encounter any difficulty in understanding the above information, please do not hesitate to contact our customer care unit or visit the nearest SBI UK branch.

You can call us on 0800 532 532 (if you are calling from within the UK), or +44 207 454 4338 (if calling from outside the UK).

For more information, see our General Terms and Conditions of Service.

Terms and Conditions for ‘’Transfer Joy, Win Rewards’’

(Win £250 worth Amazon voucher every week/ Mega draw to win 256 GB iPad)

1. The promoter is State Bank of India (UK) Limited (SBIUK) (The “Bank””)  (company no. 10436460.)] whose registered office is at 15 King Street, London, United Kingdom, EC2V 8EA. 
 
2. The campaign is open to UK residents who are 18 years old and above. However, employees of State Bank of India (UK) Limited or State Bank of India London Branch, their close relatives, and anyone connected with the organization or involved in judging the campaign are not eligible to enter.

3. Definitions

In these Terms and Conditions, unless otherwise defined, capitalised terms shall have the meaning as assigned to them below:
” Branch(es) refer to the branch offices of SBI UK in the United Kingdom, located in the City of London, Birmingham, Coventry, East Ham, Golders Green, Harrow, Hounslow, Leicester, Manchester, Southall, and Wolverhampton.

“Reward” refers to the chance of winning a prize in the form of a £250 worth amazon voucher or 256 GB iPad.
“Transaction” refers to money transfer to India (GBP to INR) using YONO SBI UK App, Internet banking and Branches. 

4. The campaign ‘’Transfer Joy, Win Rewards’’, running from Tuesday 15th October to Sunday 15th December 2024. The competition involves money transfers either made through the branch network, internet banking and/or via a non-customer journey on the Bank’s YONO SBI UK app. There is no entry fee or purchase required.

5. By participating in this campaign, entrants agree to abide by these terms and conditions.

6. The details of how to enter the competition are via SBI UK's website, SBI UK social media accounts namely Twitter, Instagram and Facebook. 

7. You will be automatically entered into the weekly draw (for a chance to win £250 worth voucher) and/or monthly draw (for a chance to win 256 GB iPad).

8. The competition will run from Tuesday 15th October 2024 and will end on Sunday 15th December 2024. 

8.1 For a chance to win £250 worth voucher: This will involve a weekly competition, with entries only eligible during the specified opening and closing periods. Entries submitted outside of the weekly competition period will not be considered.
. 
•    Week 1: 15th October 2024 - 21st October 2024
•    Week 2: 22nd October 2024 - 28th October 2024
•    Week 3: 29th October 2024 – 4th November 2024
•    Week 4: 5th November 2024 – 11th November 2024
•    Week 5: 12th November 2024 – 18th November 2024
•    Week 6: 19th November 2024 – 25th November 2024
•    Week 7: 26th November 2024 – 2nd December 2024 
•    Week 8: 3rd December 2024 – 9th December 2024
•    Week 9: 10th December 2024 – 15th December 2024

8.2 For a chance to win 256 GB iPad: To enter for a chance to win a 256 GB Apple iPad, there will be a monthly competition. Please note that entries submitted outside of the specified opening and closing period will not be considered for the previous or following month's competition.
•    Month 1: 15th October 2024 – 14th November 2024
•    Month 2: 15th November 2024 – 15th December 2024

9. The competition ‘For a chance to win £250 worth voucher’ will open first day of each week at 12 am and will end at 11:59 PM on the last day of each week as per section 8.1 All times involved are local London, UK time. 

10. The competition ‘For a chance to win 256 GB iPad’ will open first day of each month at 12 am and will end at 11:59 PM on the last day of each month as per section 8.2 All times involved are local London, UK time. 

Entering the Competition: 

11. Campaign period: As mentioned in section 8.1 and 8.2 

11.1 Transactions eligible to enter the draw will have to:
a.    Complete within the campaign period.
b.    Transfers to be made only in GBP (Pound Sterling) currency to only in INR (Indian rupees)
c.    Transfers of over £500 will be eligible to enter a lucky draw for vouchers worth £250 each week.
d.    If you transfer more than £2000 in a month as per section 8.2, through one or more transactions, you will be eligible to enter a monthly draw to win a 256 GB iPad.
e.    Eligible transfers can be made either via YONO SBI UK App, internet banking or in-person at any Branch. 

12. Transactions completed in a week will be eligible for the draw for that week only.
13. Each customer will be eligible for only one award during the campaign period. If, for example, you win an award in week 1, then you will not be eligible for any further awards during the campaign, even if you complete further eligible transactions. 
14. The customer will be automatically eligible for campaign if they are transferring money to India.
15. If the customer wins the draw, they will be contacted by the SBI UK staff member through their contact details provided to the bank during the time of their account opening. 
16. If a winner is not contactable within 14 working days of first time of initial notification, the Bank reserves the right to pick a replacement winner. This replacement winner will be selected from the same original batch of entries from which the original winner was selected and will be selected by the same method. 
17. The Bank reserves the right to modify the T&Cs as and when deemed necessary. 
18. The decision of the Bank will be final. 
 
Rules of the Competition: 

19. The promoter reserves the right to cancel or amend the competition and these terms and conditions without notice in the event of a catastrophe, war, civil or military disturbance, act of God, or any actual or anticipated breach of any applicable law or regulation or any other event outside of the promoter’s control. Any changes to the competition will be notified to our social media accounts and website as soon as possible. 
20. One reward per person will be allocated to the winner as a prize for this promotion. 
21. The reward is as stated; no cash or other alternatives will be offered. The rewards are not transferable. 
22. One winner will be chosen by a panel of judges selected by SBIUK each week for a period of 9 weeks giving a total of 9 winners through randomiser tool. In addition, there will be one mega prize winner each month for a period of 2 months, with a total of 2 mega prizes distributed.

23. The winner will be notified within fourteen (14) working days of the closing date. The promoter will contact the winner to notify about the results. The winner will then have to visit their nearest branch to claim the reward. 

24. The promoter’s decision in respect of all matters to do with the competition will be final, and no correspondence will be entered into. 

25. By entering this competition, an entrant indicates his/her agreement to be bound by these terms and conditions. 

26. The competition and these terms and conditions will be governed by English law, and any disputes will be subject to the exclusive jurisdiction of the courts of England. 

27. Any personal data relating to the winner, or any other entrants will be used solely per current [UK] data protection legislation and will not be disclosed to a third party without the entrant’s prior consent. 

28. Please send queries related to the competition to Competitions.sbiuk@statebank.com

29. This promotion is not sponsored, endorsed, administered by, or associated with X, Instagram, LinkedIn and Facebook or any other Social Network. You are providing your information to SBIUK and not to any other party. The information provided will be used in conjunction with the SBIUK Privacy Policy found at https://sbiuk.statebank/privacy-policy. 

We are updating our General Terms and Conditions. Please see the summary of key changes below:
Refunds for Fraudulent Payments

Effective from 7th October 2024, consumer protection rules will entitle you to a refund if you are tricked by a fraudster into transferring money to another account subject to certain conditions (details outlined in our general terms and conditions).
Fraud Protection
We emphasise the importance of carefully reviewing any fraud or scam warning we provide. If anything feels suspicious during a payment, we urge you to contact us immediately.

The changes to the General Terms and Conditions will come into effect from 7th  December 2024, and a version of the updated General Terms and Conditions is available for reading on the website.

If you do not agree with these changes, you may choose to close your account without any penalty. If we don’t hear from you, we’ll assume you are in agreement with the changes. These general terms and conditions do not replace the existing specific terms and conditions for individual products.
 

Important Notice - Change in Interest Rate in Instant Access Savings Accounts w.e.f. 15/10/2024

This is to inform you that effective 15/10/2024, the interest rates for your Instant Access Savings Accounts are changing as per the table below.

*AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded once a year. Gross is the contractual rate payable before the income tax deduction at the rate specified by law.

Please note interest will not be paid on account balance above or below the specified amount brackets.

We hope that the bank’s products meet your requirement. However, if you feel that this change in rates does not allow you to meet your financial goals, we will assist you in all possible ways to move your funds to another banking service provider that can meet your requirements better.

If you encounter any difficulty in understanding the above information, please do not hesitate to contact our customer care unit or visit the nearest SBI UK branch.

You can call us on 0800 532 532 (if you are calling from within the UK), or +44 207 454 4338 (if calling from outside the UK).

For more information, see our General Terms and Conditions of Service.

T&C’s for Strike to pose with SBI UK Competition 2024

Due to account opening formalities, we have discontinued the Online Account Opening functionality from our website as customers were required to submit physical documents. To improve the time and your experience when opening an online account, which is completely paperless, please download the Yono Mobile App from the following link and open your accounts with us.

The Bank of England will be withdrawing legal tender for £50 and £20 paper banknotes as of Friday 30th September 2022 and you will only be able to use the polymer banknotes thereafter. Please be aware you must use the old paper notes before the deadline or deposit them at a Bank or Post Office during these last 50 days.

Banking at your fingertips. Make UK payments. Manage your fixed deposits and Cash ISAs. Remit funds to India 24x7 at attractive rates. View your SBI India Accounts. Update your contact details. You can even apply for a debit card. Download now from the Apple Store or Google play store.