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22/09/2023 Banking Innovation

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Global remittances are booming, with India receiving a staggering $111 billion in 2022. Yet, traditional remittance methods are riddled with inefficiencies, hidden charges, and a lack of transparency, leaving millions of NRIs and PIOs seeking better solutions. Enter Indus Fast Remit (IFR) by IndusInd Bank, a digital game-changer designed for the vast NRI diaspora. IFR in its upgraded version and a new avatar, offers a multi-partner platform, real-time forex rates, and seamless fund collection, all wrapped in a user-friendly digital experience. We're not just innovating, we're reimagining the remittance landscape, making it transparent, efficient, and customer-centric.

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