How can I receive international payment in Kotak Mahindra Bank?
Submit the wire transfer form at your local overseas bank and initiate the transfer. Kotak Mahindra Bank's Correspondent Bank will then receive the funds. On receipt of instructions from our Correspondent Bank the money is transferred to the receiver.
What is click to remit?
Click2Remit is a safe and secure money transfer service with online tracking for NRIs to send money to India. ... You can send money to Indian bank accounts, both Kotak Mahindra Bank accounts and Other Indian Bank accounts can be credited.
How much does Kotak charge for international transfer?
8.5 per non-financial domestic transaction, Rs. 150 per international financial transaction and Rs. 25 per non-financial international transaction). The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards.