Question 1

How do I send money overseas online?

Accepted Answer

Login to digibank ibanking and click on the 'Overseas Transfer' tab within 'Pay & transfer'. For adding new oversees payee, simply provide bank account details or 'Start a transfer' in case of already added payees. Once the payment request is successfully completed, a confirmation email/message will be sent to your registered mobile no. and email Id.

Question 2

Can I initiate an overseas transfer on the digibank app?

Accepted Answer

In accordance with extant law / regulation in India, currently, remittances overseas are not allowed on mobile application. You will be able to initiate an overseas transfer from digibank ibanking page which can be opened on your mobile.

Question 3

What is the minimum or maximum limit on overseas transfer initiated through digibank Remit?

Accepted Answer

The minimum limit per transaction for overseas transfer is of USD 10. The maximum transaction limit is USD 25,000 per transaction which is also the maximum daily transaction limit. The annual transaction amount limit is capped at USD 250,000 or equivalent. The maximum limit of USD 250,000 or equivalent per year for transferring money abroad under Liberalized Remittance Scheme (LRS) is applicable for a customer for all transactions routed through all permissible channels / Authorised Dealers Banks (subject to any purpose specific limit specified by Reserve Bank of India).

Remittance

Remittance

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Interest Rates & Calculators

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Markets

Remittance

That's What They Said

That's What They Said

Frequently Asked Questions

Related Links

Open Instant digibank Savings Account!

Remittance FAQs

Terms and Conditions of Remittance

Remittance Fees and Charges

Open digibank Savings Account & get ₹250* Amazon voucher

Our Products

Need Help?

Interest Rates & Calculators

Others

Download digibank

Useful Links

Markets

Remittance Fees and
Charges