Axis Bank to use Earthport for cross-border payments
Published
Axis Bank has tied up with Earthport, a cross-border payment network, to enable faster outbound cross-border payments for its customers through Earthport’s state-of-the-art global payments network. The bank is the first in India to connect with Earthport’s global payments network, which spans over 60 countries. It can now through a single connection with Earthport, send payments seamlessly to almost any bank account in the world on behalf of their clients, while delivering a faster, more efficient and cost-effective service. The tie-up also marks Earthport’s entry into India. Per Sidharth Rath, group executive, Corporation Banking, Axis Bank, through this strategic partnership with Earthport, the bank will be able offer its customers faster remittances with complete transparency on the final amount and time taken to credit beneficiaries overseas with real-time end-to-end tracking
