Online Outward Remittance Platform
Fed-e-Remit is an easy and convenient online outward remittance service offered to Resident Individuals and NRIs holding NRE accounts to remit funds from India.
How it Works?
Federal Bank Customers:
All resident customers holding Savings Account with Federal Bank Ltd.
All NRI customers holding NRE Savings Account with Federal Bank Ltd
Others:Open Account Online
Account must be KYC complied
Account status must be 'Active'
Account should be enabled for FedNet (Internet Banking Facility)
PAN must be updated in the Account
Account must be maintained with Federal Bank for minimum 1 year
Simply register online and transfer money overseas.
We offer best and competitive rates.
Round the clock, 24/7 service. Requests can be made even on holidays.
AED, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, QAR, SAR, SGD, USD
One time Beneficiary registration for recurring transfers.
Upload documents, track transactions & generate SWIFT copy easily
Fed-e-Remit platform can be used for cross border remittance for the following purposes.
Fed-e-Remit can be used to transfer funds for family maintenance of close relatives or for the purpose of gifting.
You can also transfer funds for the purpose of Education, Medical treatment, Immigration, Employment or paying off student fees using Fed-e-Remit.
Fed-e-Remit can also be used for fulfilling your Business, Education, Tour or medical related cross border transfers.