TRANSFAST, the global money transfer company, and HDFC Bank of India today announced they are partnering to enable TRANSFAST customers worldwide to make instant transfers into accounts at HDFC Bank. The instant service is available 24x7x365 - including bank holidays.
"HDFC Bank is one of India's leading banks," says Roshan Polepalli, VP of TRANSFAST.com. "We are excited to be able to offer this instant bank deposit service and know our customers with accounts at HDFC Bank will enjoy the added convenience."
TRANSFAST customers are now able to send money to friends and family in India via mobile phone, tablets, desktop, laptop and in person at agent locations. Money can be deposited directly into recipients' bank accounts, or they can pick up cash at more than 25,000 convenient locations across India.
"At HDFC Bank, we are consistently looking at new ways in which we can make a difference in the lives of our customers. Through this tie-up with TRANSFAST, we will be able to provide this innovative service of instant deposits," says Rajender Sehgal, Group Head, Financial Institutions Group, HDFC Bank. "We look forward to bringing a whole new world of convenience and flexibility to our account holders, allowing them to receive money from the U.S. in a secure manner, at any time of the day or night."