Overview
The Remittance Centre of Excellence (CoE) focuses on delivering advanced digital solutions for international money transfers. This initiative was designed to build a secure and efficient outward remittance platform that enables customers to send funds abroad for purposes such as education, travel, medical expenses, NRE/NRO transfers, and other permitted transactions. The solution supports multiple global currencies with real-time exchange rates, standing instructions, and seamless API-based integrations for mobile applications.
Purpose:
To develop a secure and scalable platform for enabling seamless outward remittances for various international transactions.
Solution Delivered:
Built a real-time, multi-currency remittance platform with live exchange rates, standing instructions, and seamless API integration with digital channels.
Technologies Used:
Java, JSP, Struts, Oracle, WebLogic.
Value Addition:
Enabled real-time, transparent, and compliant cross-border payments, enhancing customer experience and accelerating digital adoption.