📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Which private sector bank has launched foreign outward

    remittance service through mobile banking, after this Non-resident external and resident savings bank account holders can make foreign outward remittance through the bank’s app?
    A ICICI Bank Correct Answer Incorrect Answer
    B Axis Bank Correct Answer Incorrect Answer
    C South Indian Bank Correct Answer Incorrect Answer
    D HDFC Bank Correct Answer Incorrect Answer
    E Yes Bank Correct Answer Incorrect Answer

    Solution

    App-based foreign outward remittance- South Indian Bank has launched foreign outward remittance service through mobile banking. Non-resident external (NRE) and resident savings bank account holders can make foreign outward remittance through the bank’s ‘SIB Mirror+’ mobile banking application. The service is also available on its Internet banking platform ‘SIBERNET’. Customers can transfer foreign currency abroad without visiting the bank’s branch.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question