DCB Bank has entered into tie-up with Instarem to offer outward remittances. Last September, digital cross-border remittances services provider Instarem had received Reserve Bank of India’s (RBI) approval to launch outbound money transfers. Accordingly, it launched the services in partnership with DCB Bank.
DCB Bank is a scheduled commercial bank. The Bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.