RBI gives approval to Fino Payments Bank's international money transfer service

The customer segment of Fino Bank at the middle of the pyramid is targeted to families of many of the people working in foreign countries, Fino Bank said. The money remitted by family members abroad can now be directly withdrawn at the nearest micro-ATM or Aadhaar-enabled payment services (AEPS)-enabled Fino Bank's neighbourhood merchant point.

from Banking/Finance-Industry-Economic Times https://ift.tt/34gKlr0