SBM alternative options for wire transfer without huge charges

[ankit_tf]

Yesterday, SBM was banned for indefinite time from allowing wire transfer to users.

I use vested, and was just 1 day late for converting the money before the ban. Now, I am looking for cheaper options for transferring the money. (SBM charged 45/-)

From what I checked on different websites, minimum charge starts at around 500rs. And since its not a one time thing, and I transfer small amount depending on the dollar cost, the cost looks high.

I hold premium accounts from most top banks, and may even upgrade to a higher tier if that helps. Which bank would be good for such transactions, if not bank, any alternative? (not interested in US account)

Any inputs will be appreciated.

 

[suhailmz]

I have the same question. There seems to be lack of clarity around the solution :/