TimesofMoney - NewsRoom

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.