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Digital Trade Solutions - Online Inward Remittance

This digital offering from Axis Bank that allows you to settle your inward remittances online, thus avoiding the need to visit the branch for booking of rates and submitting disposal instructions. Transact effortlessly with great convenience and comfort using Axis Bank’s Online Inward Remittance facility.

Features & Benefits

  • Available as part of the internet banking platform, so no separate onboarding is required for OIRM.
  • No service charges for processing transactions and online rate booking in up to 14 currencies, including USD, GBP, and EUR.
  • Option to use multiple modes of utilisation, including Forward Contract and Credit to EEFC A/c.
  • Option of splitting and crediting funds to multiple current or EEFC accounts.
  • Tracking of transaction status.
  • Online request for EEFC balance conversion for month-end and on-demand conversions.

How it works

Just log into Axis Bank Internet Banking website with your credentials, click on the Forex tab and select Inward Remittance. Search for a pending remittance, book rate, upload documents, and submit the request in a few clicks!

Fees and Charges

No service charges on processing of online inward remittance transactions.

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Eligibility & Documentation

No separate on-boarding is required for this facility. Just log into Axis Bank Corporate Internet Banking website with checker credentials, click on Forex tab and select Inward Remittance.

Disclaimer

Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion.

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Couldn’t find your query? Reach us out

write to us at

corporate.ib@axisbank.com

Contact Us

1860-500-4971
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