06-Nov-2026 10:40:42

INDUSINDBK : EXPANDS OUTWARD REMITTANCE COVERAGE TO 123 CURRENCIES

• IndusInd Bank leverages J.P. Morgan Payments' Xpedite solution to enable direct settlement in beneficiaries' local currencies • Customers can send funds in 123 currencies with reduced need for intermediary currency conversions • Xpedite provides automated currency rate feeds and streamlined processing for faster, more efficient transfers • Service currently available at IndusInd Bank branches; to be extended to online and mobile banking for 24/7 initiation • Collaboration strengthens cross-border payments capability through a single correspondent banking relationship

IndusInd Bank Limited

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