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  • Indus Fast Remit

Overview

Indus Fast Remit is a fast, simple, and secure way to send money from US or UK to your family in India.

This is an extremely convenient way to transfer money from the comfort of your home.

In US it uses the Automated Clearing House (ACH) which is paperless and 100% online remittance platform to transfer funds from United States to India.

In UK the fund transfer can be done using the online banking access provided by your UK account holding bank.

Features & Benefits

  • Secure and easy international money transfer
  • Free transfer to any bank in India
  • Attractive exchange rates
  • Online tracking facility available
  • Set reminders for future transactions (in US)
  • Maintain your beneficiary address book
  • Free mobile alerts to beneficiary on the status of money transfer
  • Local helpline number in the US and UK (toll free) for all your money transfer queries

Eligibility

Any adult (18 years of age and above) having an active US and UK bank account is eligible for using this service.

Documentation

This is a completely online process with no paper work.

Register online:
Register and create your user ID and password.

Add beneficiary
Add details of beneficiary bank account in India.

Register for ACH (only US)
Add your US bank account details, ABA routing number. After 2 working days 3 sub-dollar entries will appear in your bank statement.

Activation
Check your U.S bank account statement for 3 sub-dollar transactions, and accordingly enter it in activation screen. Your account is activated.

Remit money
Once your account is activated, all you need to do is login and remit money to India.

Secure Remittance
Indus Fast Remit does not share the personal information provided by you with any third party. All transactions are carried out across secure encrypted lines through 128 bit SSL, firewall etc.

FAQs

Am I eligible to use the Indus Fast Remit service?

Any adult (18 years of age and above) having an active US Bank account is eligible for using this service.

Why do I need to enroll a beneficiary?

You only need to enroll one beneficiary during the enrollment process and this is performed as part of the security of our system.

Can I enroll more than one beneficiary?

Yes, after you complete the initial enrollment you can add as many beneficiaries as you would like.

How long does it take to receive the two sub-dollar credit payments?

The process can take up to three business days, but quite often if you have online access to your statement you can access the payment amounts the next morning.

Why are you sending me two sub-dollar credit payments?

This process is used to validate ownership of the account. We do this to protect your security and prevent fraudulent activity.

Can I use more than one bank account?

Yes, after you complete the enrollment you will be allowed to enter as many bank accounts as needed.

How do I get the beneficiaries information for enrollment?

You will need to contact the beneficiary in order to receive this information. If you reach the point in the application where you need this information you can save your work by click on "Save as Draft" and you will be allowed to return to the application and enter your username and password and complete the enrollment.

How long will it take to complete the enrollment?

It can take as long as 3 days and as short as 1 business day depending on how long it takes for the sub-dollar payments to post to your account.

How do I find the sub-dollar payment amounts that were sent to my account?

In order to find the sub-dollar payment amounts you will need to access your bank statement. The fastest way to accomplish will be to access your statement online and retrieve the amounts.

It has been at least 4 full business days since I submitted the payment and the beneficiary has not received the money?

In order to reply to your request in the most efficient manner you should look up [link to transaction history] the individual transaction in dispute and click on the non-receipt link and complete the form. This will electronically submit your request directly to the operations group that delivers the payment to the beneficiary and they will respond with an answer to your request.

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