Avenues Payments “White Label” remittance solution, RemitOnline with DCB Bank, have jointly launched, DCB Remit, an online money transfer facility. DCB Remit is an online money transfer facility offered by DCB Bank, enables NRIs from the United Kingdom, United States, Canada, Australia, Singapore, UAE and Europe to send money to their loved ones and to his/her own NRE account in India.
DCB Remit link- www.dcbremit.com
Currently, India is the top-remittance receiving country in the world; Indians working across the globe sent home USD 62.7 billion last year, making India the top remittance-receiving country surpassing China, according to a UN report. The partnership is expected to further support the growing demand for remittances in the country and over 16 million Indians living abroad.
Commenting on the offering Mr. Naushad Contractor, CEO, Avenues Payments, said, “While augmenting our focus on global Indian banking (NRI business), we realized that seamless online money transfer back home was one of the biggest challenge for NRIs. DCB Remit will now enable NRIs to transfer money back to India within the comfort of their home or office while enjoying a superior exchange rate and without any hassle. Avenues Payments is a pioneer in this space and through our association we will strive to offer a superior and seamless remittance facility to NRIs.”
The best part is, all the transactions and information exchanges happen on fully secure encrypted lines and the customer’s data is stored on servers that are protected by advanced firewalls which have undergone extensive security tests.
DCB Bank is a modern emerging new generation private sector bank with 297 branches across 19 states and 3 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India. Avenues Payments India Pvt. Ltd was incorporated in the year 2012. Avenues Payments is head quartered in Mumbai, India. The company is majorly into providing remittance assistance to customers all around the globe. The company’s support and development center is based in Mumbai, India.
About DCB bank – www.dcbbank.com
About RemitOnline – www.remitonline.info