Emirates Islamic, one of the leading Islamic banks in the UAE, today introduced the launch of QuickRemit, an on the internet funds transfer solution that makes it possible for customers to remit money to India in One Minute.
QuickRemit transfers to an HDFC Savings account in India will be processed in a minute with no deal charges and at competitive exchange rates. Customers can also remit funds to any other Indian bank account with their compensation being refined within an hour, with no cost as well. Customers can get the QuickRemit service by means of the Bank's online and mobile banking channels. For a restricted period, Emirates Islamic will be offering 2 gold coins every 2 weeks as a lucky draw for customers who transfer money to India utilizing QuickRemit.
Commenting on the launch of QuickRemit to India, Wasim Saifi, Replacement CEO - Customer Banking and Wealth Monitoring, Emirates Islamic said: "Our Non-Resident Indian (NRI) customers expect the most safe, most practical and fastest compensation options from us. With QuickRemit, they can now send money to their household and liked ones swiftly, safely and successfully, be it for an unique occasion, a household emergency situation, or to record a financial investment opportunity. We are working in alongside prolong QuickRemit solutions to various other countries and provide this center to customers from other races."

Inning accordance with the World Bank, Indian expatriates sent out home $62.7 billion in 2016 from abroad, the highest possible globally. With international workers from Oriental countries comprising a bulk of the expatriate populace in the UAE, overall remittances from the UAE are just one of the highest possible worldwide, estimated to get to AED 70 billion each year.