21st Nov,Times of India:
TimesofMoney inks deal with ING Vyasa
ING Vysya Bank has launched Mi-r@mit - an
Inbound Money Transfer Services from the United States to
India. Mi-r@mit is a secure, online mode of sending money by
an NRI in the USA to a beneficiary in India and is offered
by the bank in association with TimesofMoney Ltd, the
technology, operations and round-the-clock customer service
provider.
The Mi-r@mit remittance service is better than
most traditional modes of money transfer, as it is more
convenient, affordable with security features. The service
is seamlessly linked with over 16,000 banks in the USA.
The process requires the sender to follow simple steps
to register, add details of his bank account in the US and
the recipient's ING Vysya Bank Account or the Indian address
for a demand draft. Mi-r@mit rides on the industry standard
ACH (Automated Clearing House) network of the US to effect
fund transfers. The receiver can receive credit directly
into his bank account across select branches spread across
the country or receive a locally payable Demand Draft, in
over 245 DD locations.
5th Jan, Economic Times: Dena
Bank, TimesofMoney team up for fund transfer u
for fund transfe.
4th Jan, Times of India:
Remit2India uses PayPal up for fund transfer.
