Standard Chartered India launches online expat remittance platform

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Standard Chartered in India has announced the launch of an online remittance service tailored to expats and non-resident Indians (NRIs). The online or app-based service will enable clients to transfer funds overseas. Resident Indians, expats working in India and NRIs can send funds from India to foreign countries. Standard Chartered said the inward-remittance option will be available for existing NRI clients through the bank's existing online banking.  Kusal Roy, head of Retail Banking, India, Standard Chartered Bank said, "Given our focus on our affluent client base, the platform ...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.