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.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.