Fed-e-Remit

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?

  • Complete a simple one-time registration process
  • Add Beneficiary Details
  • Enter transaction details
  • Book transaction

Who Can Remit?

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

Prerequisites:

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

Why Fed-e-Remit?


EASY REGISTRATION

Simply register online and transfer money overseas.

BEST RATES

We offer best and competitive rates.

ANYTIME-ANYWHERE

Round the clock, 24/7 service. Requests can be made even on holidays.

MULTIPLE CURRENCIES

AED, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, QAR, SAR, SGD, USD

ADD BENEFICIARY QUICKLY

One time Beneficiary registration for recurring transfers.

SIMPLIFIED PROCESS

Upload documents, track transactions & generate SWIFT copy easily

Purpose of Transferring funds

Fed-e-Remit platform can be used for cross border remittance for the following purposes.

Family

Fed-e-Remit can be used to transfer funds for family maintenance of close relatives or for the purpose of gifting.

Career / Wellness

You can also transfer funds for the purpose of Education, Medical treatment, Immigration, Employment or paying off student fees using Fed-e-Remit.

Business / Travel

Fed-e-Remit can also be used for fulfilling your Business, Education, Tour or medical related cross border transfers.

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