TRANSFAST Launches Instant Deposit Service to Kotak Mahindra Bank in India
Proprietary network grows to incorporate one of India's leading banks
NEW YORK, March 3, 2015 /PRNewswire/ -- TRANSFAST, the global money transfer company, and Kotak Mahindra Bank of India, India's fourth largest private sector bank by market capitalization, today announced they have directly partnered to enable TRANSFAST customers worldwide to make instant transfers into accounts at Kotak Mahindra Bank.
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"Kotak Mahindra Bank is one of India's leading banks," says Roshan Polepalli, VP of TRANSFAST.com. "With so many of our customers banking with them, we are excited to offer customers the ability to send funds instantly into bank accounts there."
With this arrangement, TRANSFAST customers can send money to friends and family in India via mobile phones, tablets, desktops, laptops and in person at agent locations. Money can be deposited directly into recipients' bank accounts. To send via mobile devices, customers can download TRANSFAST's app for iOS, for free. Visit Transfast.com for more information.
About TRANSFAST:
TRANSFAST is a fast-growing international money transfer and payments company in the $514 billion annual global remittance industry.
The company operates a proprietary network that covers more than 100 countries in the Americas, Asia, Europe, and Africa. TRANSFAST is licensed in more than 50 jurisdictions around the world, and is headquartered in New York City.
For more information, visit: www.transfast.com
Media Contact:
Lynn Schwartz
Newsmaker Group Public Relations for TRANSFAST
Email
973-736-7118
SOURCE TRANSFAST
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