SBI — State Bank Of India [SBI] Telegraphic Transfer (TT) or SWIFT MT103 Receipt not issued for Forex Outward Remittance

Address: Diamond Apartments,jasmine Mill Road, Mumbai, Maharashtra ,Pin-400017

Website: sbi.co.in

Reference No: FXREM[protected]
Transaction date: 23/1/2023
Acc. Number: [protected]
Branch: SBIN0003671
Desirable Resolution: Issue an appropriate Swift Transfer Receipt

I used the Internet banking service of the State Bank of India for making a Forex Outward Remittance towards tuition fees, to a foreign institute. Such transfers happening over the SWIFT network mandatorily have a record and a receipt is generated in form of an 'MT103' receipt on successful payments. SBI issues a 'Telegraphic Transfer' (TT) receipt to the customers which contains less information than MT103 but is still acceptable at the recipient's end.

I used internet banking for foreign outward remittance, I was provided with only a basic transaction success page, and no such receipt was issued. It may be noted that such transaction acknowledgments aren't official proof of payments and formal institutes can not accept these as proof either.

Requesting State Bank of India to issue an appropriate proof of payment document.