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Thursday, 4 August 2016

Federal Bank ties up with US based payment company for faster international remittances

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Kerala based private sector lender Federal Bank has tied up with Transfast Remittance LLC for facilitating online inward remittance to India in Rupees for their NRI customers based in USA. Transfast which is an omni-channel provider of cross-border payments solutions to consumers around the world. With this tie-up, the US-based NRI customers can transfer money instantly to their NRI account in India from their US bank account even by using Debit card/ Credit card. Customers can send money to India by creating an account on or by downloading Transfast App in iOS/android mobiles.

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