Cash On Line



Cash on Line & Fed e Cash schemes are for making remittance up to Rs 50,000. The benefit is that the beneficiary can collect cash from the Bank by producing a Photo Identity Card. The beneficiaries need not be account holders of Federal Bank or of any bank in India. The remittance can be made through Exchange Houses/ Banks in GCC countries to our branches in India. The beneficiary should approach the branch where money was sent with his/her photo identity card. The remittance can reach the beneficiary at express speed.

Presently the arrangement exists with three Banks in Saudi Arabia.

  • Arab National Bank (Fed e Cash)
  • Al Rajhi Bank Ltd (Cash on Line)
  • Bank Al Bilad (Cash on Line)

The facility will be extended shortly to all the Exchange Houses / Banks in Gulf Countries.


 

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