Federal Bank has associated with Transfast Remittance LLC for rupee remittance services to India from the US.

The bank has said in a statement that “Federal Bank has entered a tie-up arrangement with Transfast Remittance LLC for facilitating online inward remittance to India in rupees for their NRI customers based in the USA.”

Transfast is an omni-channel provider that operates in over 120 countries and provides cross border payments solutions to customers around the world.

According to the Federal Bank, NRIs would be able to transfer money instantly to their NRI accounts in India from their US bank account even by using debit or credit card.

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