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The Secured online remittance facility from Indian Bank for eNETS users.

 
      
    

·         IBeREMIT is our safe, secure, convenient and popular 24X7 online Remittance facility for eNets Users.

·         WHO can Register?- Customers of UOB, CITI Bank, POSB and DBS having eNETS facility, can register with us:

1.    ONLINE  at http://www.indianbank-singapore.com/index.aspx >>  Select your personalized Userid;  Submit your Identification Docs to Singapore Branch at Raffles Place; Collect your Secured PIN Mailer immediately and acknowledge-the  facility is activated instantaneously!

2.    Registration at the Bank Counters:  Customers with Proof of ID can register at the Counter; Your USER ID will be your NRIC or FIN based on your registration; Your Password will be sent within three working days.

·         Documents required: Identification Documents – Passport, IC  and Photograph.

·       How Remittance is effected: Using eNETS Debit Payment Gateway – The  Customer's account with UOB, CiTI, DBS or POSB  is debited; We credit your Beneficiary’s Bank Account in India.

·         What amount  can be Transferred?:  We Permit INR remittances upto the equivalent of SGD 20000/-.

·         When IBeRemit Transfer will be effected?

1.      Beneficiaries Account with our Branches in India will credited  as follows:

§  Transactions completed before 4.00 pm on working days  – Credited the same day by 6.00 pm.

§  Transactions completed after 4.00 pm and before 9.00 a.m of working days -will be credited the same day by 12 noon.

§  Transactions conducted on Holidays will be credited on the morning of the next working day only.

2.    Beneficiaries Account with Other Bank Branches in India will be credited on the 2nd working day (T+ 2 days).

·         MANDATORY Requirements:

1.    Customers should have a valid Handphone number- This facility is secured through the 2FA ( Second factor of Authentication), whereby in addition to your USERID and Password, a one-time PIN is transmitted to the remitter’s handphone by SMS, on every occasion he logs in. This password will be valid for 15 minutes only. Change in Handphone number should be updated.

2.    Customer should have Internet banking facility with sufficient Funds transfer Limit (D2PAY) at any of the four participating Banks listed above and their requisite Passwords and Tokens.

·        Charges? No Additional Charges for the added convenience! The same nominal Charges as applicable at the counter!

·         Exchange Rates : most competitive in the market.

·         Benefits? To name a few….

1.    Save time! No need to queue up for sending a remittance!

2.    Cash in on opportunities when the Exchange Rate is favourable!

3.    Remit anytime, anywhere!  from home, office, or even from abroad while on holiday or at work!

4.    Receive the SMS confirmation of successful credit to the Beneficiaries Account as it happens!

               

Together with INDNET Banking for your Accounts in India, IBeRemit adds value, flexibility, and convenience to enhance your experience!

 

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