"AxisRemit Online has come a long way in the last three years since its launch. Superior money transfer experience has now become a key pillar in service delivery and the tie-up with DBS Bank is a step forward in this direction," Axis Bank Head (Treasury and International Banking) P Mukherjee said in a statement. Through AxisRemit Online facility, a customer of DBS Bank can make payments to any bank account in India within 48 working hours.
"We are committed to playing a strategic role in connecting India with Asia, especially Singapore, which is our home country. This tie-up with Axis Bank to facilitate remittances from Singapore to India is yet another example of fulfilling this commitment. We look forward to providing Axis Bank customers a differentiated, Asian service experience," DBS Bank India Head (Global Transaction Services) Sanjeev Uppal said.