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International remittance business
January 7 , 2022
912 days
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- Reserve Bank of India has approved Fino Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme.
- The approval will enable the customers of Fino Payments Bank to receive money sent from foreign countries.
- It also plans to partner with more leading money transfer operators (MTOs) to improve its cross-border remittance.
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