BWI: Axis Bank Launches 'Axis Forex Online' India's First Online Forex Solution

Source : Axis Bank Thursday, March 31, 2016 5:05PM IST (11:35AM GMT)   (NSE:AXISBANK) Axis Bank Launches 'Axis Forex Online' India's First Online Forex Solution   Mumbai, Maharashtra, India   Online Money Transfer in more than 100 currencies across 150 nation Higher remittance limit; non-bank customers can remit 250,000 USD per annum   Axis Bank, a market leader in travel currency cards, today announced the launch of ‘Axis Forex Online’ India’s first comprehensive online forex solution to empower customers to transfer money online in more than 100 currencies across 150 countries.  In addition to quick online money transaction, Axis Forex Online will also provide door step delivery of forex card and foreign currency cash.   Through this initiative, the bank will offer a complete suite of forex services such as Online Outward Remittances, Forex Card & Foreign Currency Cash to existing as well as non-bank customers. An existing customer can also use the online outward remittances facility via Internet Banking and transfer money from any Bank account in India to any Bank around the world.   Axis Forex Online will allow customer to remit upto USD 25,000 in a single transaction or limit the retail outward remittance to USD 250,000 per annum.    Speaking on the occasion, Mr. Sidharth Rath, President & Head, Treasury, Corporate & Transaction Banking, said, “The launch of the new card further reinforces our commitment to improving customer experience by deploying cutting-edge technology solutions that provide both security and convenience.”   Axis Forex Online will offer end to end online outward remittance services to the customer and enable them to travel hassle-free and cashless across the globe.   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 2,805 domestic branches (including extension counters) and 12,631ATMs across the country, as on 31st December 2015, the network of Axis Bank spreads across 1,796 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 nine overseas offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Shanghai and Colombo; representative offices at Dubai, Abu Dhabi and Dhaka and an overseas subsidiary at London, UK.   The Bank’s website www.axisbank.com offers comprehensive details about its products and services. Photo Caption: Axis Bank launches Axis Forex Online   Media Contact Details Suresh Warrier, Axis Bank, ,+91 (22) 24255601 , suresh.warrier@axisbank.com Anand Mugad, Axis Bank, ,+91 (22) 24255614 , anand.mugad@axisbank.com Sherin Antony, Axis Bank, ,+91 (22) 24255611 , sherin.antony@axisbank.com Faizan Aboli, Ketchum Sampark , ,+91-9819110224 , faizan.aboli@ketchumsampark.com Shruti Muddup, Ketchum Sampark , ,+91-9820651056 , shruti.muddup@ketchumsampark.com   To ensure that you continue to receive email from Business Wire India in your inbox, please add businesswireindia.com to your Address Book or Safe List.   To submit a press release, click here. To unsubscribe or modify your Business Wire India settings, please visit your profile page on Business Wire India. Connect with us on: Facebook | Twitter | Google+