Yes Bank has collaborated with TerraPay, a mobile payments switch to enable real-time international money transfers to bank accounts in India. Powered by TerraPay’s global clearing and settlement service, the partnership will make it faster and convenient for consumers to send money to any bank account.
TerraPay has partnered with Yes Bank in a Rupee Drawing Arrangement which enables TerraPay's network partners to make instant cross-border money transfer to bank accounts in India. The partnership will be help for the migrants by providing a real-time, 24X7 and seamless money transfer service experience.