Emirates NBD launches mobile remittance service to India
DUBAI: Emirates NBD, Dubai's biggest bank, has announced the launch of an innovative new remittance service, DirectRemit2 Mobile, that enables account holders to transfer funds to any mobile phone number.
The service builds on the bank's popular DirectRemit platform that allows money transfers in 60 seconds to beneficiary accounts.
The bank said in a statement that DirectRemit2 Mobile is now available for transfers to India, the largest remittance market through Axis Bank, with other corridors expected to be launched soon.
Customers transferring funds using DirectRemit2 Mobile can now remit funds simply by logging on to their Emirates NBD Mobile Banking and by providing the mobile number of the intended beneficiary.