TimesofMoney, Citibank tie-up for remittance corridor

This alliance further strengthens the relationship between the two companies as it marks the second global remittance corridor set up after the same was launched for U.S. As a part of this arrangement, Citibank can offer a seamless, secure and quick money transfer service to its customers wherein they can directly transfer money from their bank account to the receivers account in India.

Speaking about the tie-up, Mr. Avijit Nanda, President of TimesofMoney said, “We endeavor to constantly support banking industry through our technology solutions and expertise to enable them to provide remittance services to their international and domestic customers.”

TimesofMoney’s private label remittance service caters to global cross-border money transfer industry.