DCB Bank’s starts new remittance service

DCB Bank has introduced a new remittance service ‘DCB Remit’ that will allow a resident Indian having a bank account in India to remit or send money online, globally. In a statement bank said: “Once the exchange rate is locked, the customer can transfer the funds from any account to DCB Bank’s account.

The funds will then be transferred to the beneficiary account abroad latest by the next business day.” Resident Indians can register online and transfer funds across 20 countries, including the US, Canada, Australia, the UK, the UAE and Germany, and track the same from a mobile phone, it added.