Thursday, October 30, 2014

BWI: Axis Bank Launches Online Outward Remittance Facility in Over 100 Currencies

 
Source : Axis Bank
Thursday, October 30, 2014 1:13PM IST (7:43AM GMT)
 
(NSE:AXISBANK)
Axis Bank Launches Online Outward Remittance Facility in Over 100 Currencies
 
Mumbai, Maharashtra, India

  • Axis Bank customers can now make Outward Remittances online in over 100 currencies and across 150 countries
  • First bank to offer seamless, paperless Online Outward Remittances in over 100 currencies
  • Facility has been enabled in association with Citibank

Axis Bank, India’s third largest private Bank, today announced the launch of its seamless Online Outward Remittance facility in over 100 currencies. Axis Bank customers can now make faster online outward remittances in over 100 currencies across 150 countries to accounts held with various other Correspondent Banks using this facility, from the comforts of their home or office!

Speaking on the occasion, Mr. Sidharth Rath, President - Treasury, Business Banking & Capital Markets said, “We believe that this facility will empower our customers to transfer money to as many as 150 countries from the comfort of their home or office. The service also offers greater transparency as the exchange rates are displayed upfront to the customer before initiating the remittance.

Altogether, this offering will simplify outward remittance service for our customers and enrich their experience of banking with us.”

The new outward remittance service offers customers the convenience and choice to initiate transfers through Axis Bank in additional 88 currencies taking the total to 101 currencies.

About Axis Bank

Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

With its 2,421 domestic branches (including extension counters) and 12,930 ATMs across the country, as on 30th June 2014, the network of Axis Bank spreads across 1,647 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has overseas offices in UK, Singapore, Hong Kong, Shanghai, Colombo, Dubai and Abu Dhabi.

The Bank’s website www.axisbank.com offers comprehensive details about its products and services. 
 

 
Media Contact Details

Suresh Warrier, Axis Bank, ,+91 (22) 24255601 , suresh.warrier@axisbank.com

Parminder Panesar, Axis Bank, ,+91 (22) 24255619 , parminder.panesar@axisbank.com

Tayyab Imadi, Index PR, ,+91-9967212492 , tayyab@indexpr.in

Shruti Muddup, Index PR, ,+91-9820651056 , shruti@indexpr.in

 

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