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- Online Inward Remittance (OIRM)
Online inward remittance (OIRM)
Convenience of receiving inward remittances at your comfort
Online Inward Remittance (OIRM)
An offering from Axis Bank that allows you to settle your inward remittances online. No need to visit the branch for booking rates and submit disposal instructions. Transact effortlessly with great convenience and comfort using Axis Bank’s online inward remittance facility.
Features & Benefits
Easy onboarding
No separate onboarding required. Available on Corporate internet banking platform.
No processing fee
No service charges for the processing of transactions.
Online rate booking
Online rate booking in up to 14 currencies including USD, GBP, and EUR.
Flexible utilisation
Use multiple modes of utilisation including forward contract and credit to EEFC account.
Transaction splitting
Split transaction amount and credit funds to multiple current or EEFC accounts.
Transaction tracking
Track transaction status.
EEFC conversion
Online EEFC Balance Conversion for month-end and on-demand conversions.
This account comes with a host of unique features:
- Zero Monthly Average balance Requirement
- Extended benefits in cash deposits, withdrawal, chequebook, NEFT and RTGS
- Nil Monthly Service charge
- Classic , Supreme and Platinum options available for debit card. Click here
How it works?
Simples steps on the functioning of Online inward remittances:
- 01
Just log into the Axis Bank internet banking website with your credentials, click on the forex tab and select inward remittance.
- 02
Search for a pending remittance, book rate, upload documents, and submit the request in a few clicks!
Fees & Charges
No service charges on processing of Online inward remittance transactions.
Eligibility & Documentation
No separate onboarding is required for this facility. Just log into Axis Bank corporate internet banking website with checker credentials, click on the forex tab and select Inward Remittance.
FAQs
Find answers to commonly asked questions for a better understanding of our services.
Disclaimer
Product offering is subject to certain eligibility criteria as per the Bank's internal policy and is subject to the Bank's discretion.
