Fed-e-Remit is an easy and convenient online outward remittance service offered to Resident Individuals and NRIs holding NRE accounts to remit funds from India. The platform can be used 24/7 for booking an outward remittance in 13 major currencies across the globe at the most attractive rates.
Who Can Remit?
- All Resident customers holding Savings Account with Federal Bank Ltd.
- All NRI customers holding NRE Savings Account with Federal Bank Ltd.
- Account must be KYC complied
- Account status must be 'Active'
- Account should be enabled for FedNet (Internet Banking Facility)
- PAN must be updated in the Account for Resident Customers