What are the different payment modes offered by DENA IndiaRemit?
Presently, DENA IndiaRemit offers you only one payment mode: • Online ACH : Completely web-based and totally paperless way to send money to India. In the United States, it is carried out via the Automated Clearing House or ACH facility, whereby money is directly debited from your existing US bank account and transferred to our account. • Wire Transfer in Euroland – in the Euroland you can use the wire transfer facility from your existing bank. Wire the funds to our Nostro account instead of sending an international Nostro account. Simply book a transaction online and then wire funds into our Nostro account • Customer Initited Payment (CIP) – in United Kingdom, you can use internet login for your existing bank account and transfer money into Dena Bank Nostro with Natwest Bank. Simply book a transaction online and initiate a payment into Dena Bank nostro account. On receiving your funds, the money will be delivered to your beneficiary in India.
