An offering from Axis Bank that allows you to give disposal instructions for your inward remittances online. No need to visit the branch for booking of rates and submitting disposal instructions for your inward remittances. Simply, go online, search for a pending remittance, book rate, upload documents, and submit the request in a few clicks! Transact effortlessly with great convenience and comfort using Axis Bank’s Online Inward Remittance using the Axis Bank Internet Banking platform.
Benefits:
- Available on both Corporate & Retail Banking platforms
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Online search for pending remittances
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Declare purpose and upload supporting documents
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Online rate booking in up-to 14 currencies including USD, GBP, and EUR
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Use multiple modes of utilization including Forward Contract and Credit to EEFC A/c
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Split transaction amount and credit funds to multiple current or EEFC accounts
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Track transaction status
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New: Online EEFC Balance Conversion for month-end and on-demand conversions
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No service charges for the processing of transactions
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No separate onboarding required. CIB Type B Approver / RIB user with current account can access this facility
Steps to navigate to Online Inward Remitttance:
For Corporate Internet Banking users: Just log into the Axis Bank Corporate Internet Banking platform with approver's ID, click on Forex tab, and select Inward Remittance.
For Retail Internet Banking users (with Current Accounts): Log in to Axis Bank Retail Internet Banking, click on the Forex tab, select Inward Remittance, select your Current Account, click on proceed.
Documentation:
No separate on-boarding is required for this facility. Just log into Axis Bank Corporate Internet Banking website with checker credentials, click on Forex tab and select Inward Remittance.