Current Affairs - Banking - Discussion

IDFC FIRST Bank has introduced RemitFIRST2India, a zero-fee digital remittance platform designed for Non-Resident Indians to send money to India quickly, securely, and transparently. Launched in partnership with SingX, the service currently operates from Singapore and Hong Kong, offering competitive forex rates, real-time transaction tracking, and fully digital, paperless transfers to any bank account in India. Existing NRI customers can access it directly through the bank’s mobile app, while new users benefit from simple online onboarding. This initiative aligns with IDFC FIRST Bank’s customer-first approach, digital innovation leadership, and commitment to ethical, socially responsible, and inclusive banking practices.