As an addition to its NRI services, Standard Chartered Bank has launched online remittance service named Transfer2Home.
The service would facilitate customers in to remit money to India from US, UK, UAE, Singapore, HongKong and Bahrain.
The UK based bank has joined hands with TimesofMoney in order to provide services to customers in the United Kingdom, United Arab Emirates, Singapore, Hong Kong and Bahrain.
TimesofMoney is a famous payment service provider. It extends services to financial institutions which offer it money transfer services.
The bank has also entered into a strategic alliance with BNY Mellon for providing Automated Clearing House (ACH) based remittance service from the United States.