HDFC Bank launches Quickremit
By Our Banking Bureau | 29 Mar 2004
Quickremit, available on HDFC bank''s website, will allow its members to avail of online money transfer from any bank account in the US to an HDFC bank account in India, in just four working days.
In order to register for Quickremit, details of the sender''s bank in the U.S, along with details of the receiver''s account with the HDFC Bank in India, will have to be provided and an online remittance order placed. Quickremit will offer end-to-end tracking of money, along with round-the-clock customer support.
Aditya Puri, managing director, HDFC Bank, launching the service said that Quickremit would enable HDFC Bank customers to get money from the US "much faster through a more secure medium and at a much lower cost."
The technology, operations and 24-hour customer service platform for Quickremit will be provided by Timesofmoney.com., a subsidiary of Indiatimes.com.