IndusInd Bank becomes first Indian bank to offer cross-border remittances via UPI - Business News Today

Monday, December 27, 2021

IndusInd Bank becomes first Indian bank to offer cross-border remittances via UPI

IndusInd Bank has started off with Thailand for Foreign Inward Remittance (FIR) through UPI. DeeMoney - a Thailand based financial solutions provider offering money transfers and foreign currency exchange services. Customers using DeeMoney website can easily transfer funds just by adding the beneficiary's UPI ID. IndusInd Bank also plans to add more partners in various other countries for cross border-payments via UPI in the near future.

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