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Fino Payments Bank receives RBI approval for cross-border money transfer under MTSS

3 Jan 2022 , 02:03 PM

Fino Payments Bank has received the RBI approval for commencing International Remittance business under the Money Transfer Service Scheme (MTSS). The Bank will be undertaking inward cross-border money transfer activities and will be partnering with an Overseas Principal. It has also received the approval to partner with one of the largest global remittance service providers as its Overseas Principal.

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