Xpress Money
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Federal Bank is offering Xpress Money (XM), a money transfer scheme that helps NRIs to send remittance to beneficiaries in India through branches of UAE Exchange Centre. Remittance up to Rs 50,000 will be paid in cash on production of Photo Identity Card and the pin number issued by UAE Exchange Centre. The remittance reaches the beneficiary immediately. The service is a boon to NRIs and their families in India as well as foreign tourists visiting India and foreign students studying in India.
How it works ?
Xpress Money in India operates within the purview of RBI guidelines and within the following framework:
Explore Other Cash Transfer
Federal Bank in association with Western Union has launched a Money Transfer facility across all our branches in the country which facilitates Indian expatriates across the globe to remit their money back home in a safer, secure and hassle free mode under a tie up with Weizmann Forex Ltd.
Federal Bank is offering Xpress Money (XM), a money transfer scheme that helps NRIs to send remittance to beneficiaries in India through branches of UAE Exchange Centre. Remittance up to Rs 50,000 will be paid in cash on production of Photo Identity Card and the pin number issued by UAE Exchange Centre. The remittance reaches the beneficiary immediately.
Federal Bank offers easy and convenient Fed e Cash scheme for making remittance up to Rs 50,000. It is an arrangement with Arab National Bank, Saudi. This scheme that helps NRIs to send remittance to beneficiaries in India where beneficiary does not need to have an account with Federal Bank.
We offer Cash Online, which is an express cash transfer scheme to remit money to India with no hassles. It is a convenient cash payout scheme for making remittance up to Rs 50,000 and is an arrangement with Al Rajhi Bank and Bank of Bilad, Saudi.
Federal Bank has tie up with SAMBA Bank, Saudi to facilitate cash payouts in India. You can make remittance up to Rs 50,000. Beneficiary can collect cash from the Bank by producing a Photo Identity Card and Beneficiary need not have an account with Federal Bank.
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