India's Axis Bank forges remittance tie up with Bahrain's Ahli United Bank

Any account holder with Ahli United Bank in Bahrain may now be able to wire money to an Axis Bank account holder in India using the Internet banking platform.

A tie-up has been forged between Axid Bank and Bahrain's Ahli United Bank for inward remittances.

If the beneficiary account holder is an Axis customer, the amount will be credited the same day but if the account is in any other bank branch covered under the NEFT network, it can take up to two days.

Customers can initiate transactions of up to BHD 5,000 a day using the service at present, according to Axis Bank.

For more.

Also Read

Alipay+ and GHL enable cross-border payments in the Philippines

Visa launches Subscription Manager service

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia