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?

Q: Answer-Which private sector bank has launched foreign outward remittance service through mobile banking, af...

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 banks 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 banks branch.