Hyderabad, June 29 -- Emirates NBD, Dubai's largest bank by assets, will introduce a fee of Dirham 26.25 (Rs 610.81) for certain international transfers made via its mobile app or online banking platform, starting September 1. Transfers to India will remain free of charge.
The charge applies only to countries outside the bank's designated zero-fee corridors, which include India, Pakistan, Egypt, Sri Lanka, the Philippines, and the United Kingdom. Customers remitting funds to these destinations can continue to use the bank's DirectRemit service without incurring fees.
DirectRemit enables instant digital transfers with a minimum amount of Dh 100 (Rs 2,360.90) and is widely used by Indian expats. The new fee, inclusive of VAT, applies only...
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