Dena Bank, team up for funds transfer

DENA Bank has announced the launch of its new internet-enabled money transfer service, Dena IndiaRemit. This service offers NRIs in the US to remit money to India in a fast, user friendly and flexible fashion.

To facilitate the service, Dena Bank has tied up with ( We are extremely pleased to partner with Dena Bank and are committed to constantly add value to customers< said Suresh Rangarajan, COO, Times Online Money. Timesof-Money will play a crucial role in managing the entire product offering of Dena IndiaRemit. It will manage the technology, operations and 24-hour customer service platform for the service.

Dena IndiaRemit ensures the customer does not need to do tedious paperwork or pay hefty transaction fees. It allows the customer to send money from any bank in the US to his/her family in 929 locations across India. The service is available on the bank website It requires the sender to follow simple steps to register, add details of his account and the recipients Indian address. Launching the service, the banks chairman, Anil K. Khandelwal, said, Dena IndiaRemit is our endeavour to continually offer technology-enabled services to our customers. We aspire to provide peace of mind to our NRI customers, as well as their family in India.

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