Karur Vysya makes remittance easier

Karur Vysya Bank has implemented Bahwan CyberTek’s Cuecent eRemit, a remittance solution. This is to offer instantaneous remittance service to the bank’s customers. The remittance solution helped the bank launch an instant cross-border remittances service for non-resident Indians. This offers the remitter the facility to instantly credit funds into the beneficiary’s account in any bank in India. Both the beneficiary and remitter receive free mobile and email alerts instantaneously on receipt of money, says a company press release.

Source: thehindubusinessline