AUB launches remit to India

Ahli United Bank announced the launch of Remit to India, an online remittance platform to India. To promote this offering, AUB said will not be charging any fees for Remit to India until 31st October 2019. The Remit service allows sending money to over 75,000 bank branches in India through AUB’s online banking or mobile banking apps. AUB customers can manage their remittance transactions to India 24X7 through their mobile phones.

The platform, AUB said, is easy to navigate with simple steps to add and manage beneficiaries and offers attractive exchange rates. The Remit to India platform is facilitated with the NEFT network in India and will soon add the IMPS service as well. AUB said it is planning to offer this service on its ATM network shortly.

sSuvrat Saigal, Deputy Group CEO-Retail Banking, AUB, commented: “We recognise that our customers have a significant requirement for an efficient remittance product. With this in mind, we are delighted to offer Remit to India which has been specially designed to make remittances low cost, quick and easy”.