Fed-e-Remit

Fed-e-Remit Online Outward Remittance Platform

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.

 

Benefits

  • Attractive exchange rates
  • Paperless
  • Available 24 x 7
  • Choose from a pool of 13 currencies
  • Track the status of the remittance online
  • Swift copy will be mailed to the registered email ID
  • One-time beneficiary registration

 

Prerequisites

  • 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