Fed-e-Remit Online Outward Remittance Platform
Fed-e-Remit Online Outward Remittance Platform
Fed-e-Remit is an easy and convenient online outward remittance service offered to Resident Individuals and NRIs holding NRE accounts to remit funds from India. The platform can be used 24/7 for booking an outward remittance in 13 major currencies across the globe at the most attractive rates.
Attractive exchange rates
Paperless & available 24 x 7
Choose from a pool of 13 currencies
Track the status of the remittance online
Swift copy will be mailed to the registered email ID
One-time beneficiary registration
Who Can Remit?
- All Resident customers holding Savings Account with Federal Bank Ltd.
- All NRI customers holding NRE Savings Account with Federal Bank Ltd.
Prerequisites
- Account must be KYC complied
- Account status must be 'Active'
- Account should be enabled for FedNet (Internet Banking Facility)
- PAN must be updated in the Account for Resident Customers