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HDFC, Lulu Exchange sign MoU for remittance through mobile banking
Voice and Data
|Mar,2023
HDFC Bank has announced that it has signed a with the UAE memorandum of understanding based financial services company Lulu Exchange to enable remittances to India through the bank's online and mobile banking platform.
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The initiative will strengthen cross-border payments between India and the Gulf Cooperation Council region, HDFC stated in a press release. The bank said they will launch the Remit Now2India service for quick money transfers from UAE.
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