Axis Bank Introduces their New Forex Service

Axis Bank, the market leader in travel currency cards, have recently announced their new service which is the “Axis Forex Online” — the first comprehensive online forex solution in India that empowers their clients and customers to transfer money online in over 100 currencies across 150 countries. Aside from fast online money transfer, Axis Forex Online also offers door step delivery services of forex card and foreign currency cash.

Axis Forex Online Services

Axis Bank will be offering a complete package of forex services through Axis Forex Online, including Forex Card, Foreign Currency Cash, and Online Outward Remittances to both customers and non-customers as well. Existing customers can make use of the outward remittance services available online through Internet Banking, as well as utilize mone transfer from any Bank in India to another Bank across the globe.

The Axis Forex Online feature will allow the customers to remit up to 25,000 USD in one transaction or limit outward remittance to 250,000 every year.

“The launch of the new card further reinforces our commitment to improving customer experience by deploying cutting-edge technology solutions that provide security and convenience,” syas Mr. Sidharth Rath, the President and Head, Treasury, Corporate and Transaction Banking.

Axis Bank now features end to end online outward remittance services to clients and customers and allow them a hassle-free travel without bringing cash on hand anywhere in the world.

About Axis Bank

Axis Bank is the 3rd largest private bank in India. It offers a wide variety of services to various customers in large and mid-corporates, SME, retail businesses, as well as agriculture. They have about 2,805 branches across India, including their extension counters, across India. They also have 9 offices overseas (Dubai, Hong Kong, Singapore, Shanghai, and Colombo); representative offices at Abu Dhabi, Dubai, and Dhaka; as well as overseas subsidiary at London.

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