License

More information about Remitx

Customer Care

Mail ID : wecare@remitx.com

Phone No : 022-49385000

Grievance contact details

Mail ID : grievance@remitx.com

Ph no : 9326397010

Roles and Responsibility of Authorized institution

1. PayFX fintech Solutions Pvt Ltd push their leads with KYC documents to RemitX

2. REMITX downloads the data from their dashboard or via API integrated systems and processes the transactions through its ERP system.

3. All transactions are processed after receiving internal compliance approvals.

4. Finally, treasury uploads the approved transaction in the AD I banks portal after verifying the beneficiary details.

5. REMITX process its transactions through multiple AD I banks, YES BANK, INDUSIND BANK, IDFC BANK and ICICI BANK.

License details

NBFC License no : B-14.03278

AD Cat II License No : NDL-ADII-0044-2023

Transaction TAT

The TAT for receiving credit in the overseas bank account is 48 to 72 hours. This is subject to no AML queries raised by either remitter bank or beneficiary correspondence bank.