Bank Remittance: How It Works and What to Consider?
Nanonets
OCTOBER 10, 2023
Remittance is a 6 step process: Initiation: The sender provides details of the recipient to their bank like transfer amount and recipient bank details Authorization: The orignating bank verifies the sender's details and checks if the sender has sufficient funds in their account to cover the transfer.
52 
Let's personalize your content