DCB Remit offers freedom from commissions and high exchange rates

· Resident Indians can transfer funds in six currencies to over 20 countries
using DCB Remit & receive up to 15 paise off per rupee

· Transfer limit: US$100,000 for DCB Bank customers; US$25,000 for non-DCB Bank customers

India, 23rd August, 2022: DCB Bank Remittance service is an outstanding offering by the bank that includes no commission charges and will assist customers in transferring funds abroad and receiving up to 15 paise off per rupee until August 31, 2022.

Resident Indians can use DCB Remit online service to send money via net banking to the designated countries from any bank account in India. Any citizen can seamlessly transfer funds to any person who may have travelled abroad for business or leisure. DCB Remit makes money transfers quicker, secure, transparent and cost-efficient too.

For remittances of 3,000 to 10,000 in foreign currency, a DCB Remit user can use Code: DCBFEST10. For more than 10,000 in foreign currency, use Code: DCBFEST15. Funds can be transferred in six currencies – US$, AUS$, GBP, SGD, CAD and the Euro.

The DCB Remit service can be availed of by registering and transferring up to US$100,000 for DCB Bank customers and US$25,000 for non-DCB Bank customers in each financial year.

Resident Indians can avail the services of DCB Remit without maintaining an account with DCB Bank. They only need to complete the one-time registration and send money abroad through DCB Remit. Simply log on to www.dcbremit.com to send money to an overseas bank account. After adding the beneficiary details and instructions to transfer funds in Indian rupees, DCB Bank will convert the amount into the required foreign currency and credit it to the beneficiary’s overseas account.

The money transfer can be tracked in real-time and even stopped while in process in the event of an unforeseen situation.