IndusInd Bank today announced a strategic collaboration with Viamericas Corporation to offer digital inward remittance services to Non Resident Indians (NRIs) in the USA through IndusInd Bank ‘Indus Fast Remit', a remittance service platform. This collaboration enables NRIs to benefit
from highly competitive exchange rates for digital inward remittances to India.
The Indus Fast Remit platform will allow NRIs to book remittance transactions through auto debit payment mode (Automated clearing House - ACH) as well as transfer funds through the overseas
Bank account. Viamericas Corporation will use its existing IndusInd Bank Vostro relationship to credit the beneficiary account in India using the RDA scheme of RBI.