HDFC Bank Ltd.

HDFC Bank has collaborated with UAE-based Lulu Exchange to strengthen cross-border payments between India and the Gulf Cooperation Council (GCC) region. In the first phase of the partnership, Lulu Exchange's expertise and regulatory framework would be utilised to launch a digital inward remittance service titled 'RemitNow2India'.

That will allow resident individuals of UAE to send money to any bank account in India via IMPS and NEFT through HDFC's digital banking channels. Both HDFC and LuLu Exchange will leverage each other's regulatory technology and vast service network to extend the partnership through a series of online and offline initiatives.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.