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IndusInd Bank taps Viamericas for digital inward remittance offering

November 1, 2023

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IndusInd Bank taps Viamericas for digital inward remittance offering

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Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

IndusInd Bank partners with Viamericas Corporation for digital inward remittances from the US to India.
US-based Indians can use the Indus Fast Remit platform for remittances, with automated debit payments and overseas bank transfers.
Viamericas, a licensed money services business, will credit beneficiary accounts in India through the Rupee Drawing Arrangement (RDA) scheme.
IndusInd Bank’s remittance platform offers transparency, showing exact amounts and delivery times.
The partnership aims to make IndusInd Bank a preferred choice for the Indian diaspora by providing relevant banking services and improving cross-border payments.