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- Outward Remittances
Trade Finance - Outward Remittances
Axis Bank offers on-the-spot solutions for your outward remittance obligations subject to ceilings as per FEMA. You can derive benefits from our wide correspondent bank network, wherein funds transfer takes place in the most efficient, economic and secure way to overseas parties.
Features & Benefits
Faster processing of transactions and quick turnaround time
Enjoy faster processing and quick turnaround times for seamless financial operation
Global reach through our correspondent banks
Access international markets through our extensive network of correspondent banks.
Advisory on FEMA regulations
Expert advisory services to help you navigate FEMA regulations with ease.
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
Outward Remittance- How it Works?
To send an outward remittance, you can simply for the steps below.
- 01
Simply, login to internet banking and initiate request online and submit underlying documents at the branch.
- 02
Our OCR and AI enabled workflow systems aid in faster transaction processing so that your business partner overseas receives the funds on time.
Disclaimer
Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion
