Xpress Money Indian Bank

I want to get the information about Xpress Money of Indian Bank IB so will you please tell me?

Indian Bank Xpress Money is an Internet / Web based product. Payment is instantaneous

Xpress Money (Remittance through UAE Exchange)

This is an Internet / Web based product

Payment is instantaneous

Beneficiary need not be their existing customer

Funds remitted at a M/s UAE Exchange abroad is instantly payable at the specified branch in India.

Only document needed – Proof of ID

Facility available at all branches of theit Bank.

Maximum amount that can be remitted – equivalent of Rs.2500

Type of transaction allowed – all personal remittances.

Foreign tourists can receive amounts in excess of Rs,50,000/- by cash.

Amount of remittance permitted -

Single remittance limited to USD 2500 or its equivalent.

Payments made in Indian Rupees only.

Payment upto and inclusive of Rs. 50000/- can be made to residents in cash on proper identification.

Payments exceeding Rs. 50000/- can be made in cash on proper identification only to foreign tourists visiting India.

Facilities-

Under the arrangement, money transfers to India can be made at any overseas agent location of UAE Exchange across the world.

Money can be remitted from 180 countries across the globe.

Around 35000 outlets are available outside India for remittance.

Contact-

Corporate Office - Postal Address

Indian Bank, Corporate Office,
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014

Corporate Office - Phone Number
044 28134300

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Answered By StudyChaCha Member