Products & Services
MONEY TRANSFERS: Web based money transfer systems,
which offer the fastest, most reliable, and secure way of
transferring and receiving money worldwide.
TELEX TRANSFERS: Funds credit to most renown
Banks around the world. It is convenient for transfers of
large amounts, with competitive charge rates. Banks service
DRAFT SERVICES: Delivery of Demand drafts
to Banks for credit, and door delivery service to several
countries. This old, but efficient and affordable way of transferring
money is still demanded.
REAL TIME GROSS SETTLEMENT
(RTGS): Is a facility available for quick, safe and
secure electronic mode of funds transfer for INR 100,000.00
and above. A very convenient and affordable 24hr. Bank Credit
available to most banks in India through an online network.
This is the future of Bank credit system. A core banking account
number is required.
NATIONAL ELECTRONIC FUNDS
TRANSFER (NEFT): Is an electronic funds transfer
system introduced by Reserve Bank of India (RBI). NEFT system
can be used only for remitting Indian Rupee among the participating
banks within the country.
CONVENTIONAL TRANSFERS: Standard transfers
using facsimile (FAX), available to many Arab and foreign
countries. It is suitable for large amounts, and is available
as a Bank credit , and advice & pay (calling the beneficiary)
or Pickup service (Beneficiary has to collect the money transfer)
.Still very popular amongst the public.
ONLINE BANKING CREDIT: Arrangement for online
crediting to account holders within 24hrs, and free account
opening in some countries. Currently only for Philippines.
Requirements to open an account are: Passport copy / Original,
account opening form to be filled after making a money transfer.
FOREIGN CURRENCY: Exchange of currencies
from local to foreign and vice versa, in retail, and wholesale
at competitive rates.
TRAVELERS CHEQUES: Purchasing most travelers
cheques, at competitive rates.