As you have asked about the Domestic Remittance Platform service offered by Yes Bank, I am giving you information about it, check below for the details

YES BANK will offer Bank's Domestic Remittance Services to the general public through the BC (Business Correspondent) Agent.
The Remittance Service will facilitate any common man to remit money to his/her family, friends and/or business associates through the BC Agent.

The broad scope of activities may include


One time registration of Sender for origination of remittance services from
the BC Agent.

Origination of remittance services from the appointed BC Agents outlet using
the BC technology platform.

The BC Agent shall ensure that it shall have necessary cash with them for
facilitating remittance services/ transactions
The BC Agent shall be intimated by BC on the Transaction limits,

The BC Agent shall comply with all the rules and regulations



BC and BC Agent approved/appointed entities by YES BANK Ltd will be allowed to carry out this service on ground

To know more about it,
You can refer to the attached file

Attached Files

Yes Bank Domestic Remittance Platform service.pdf (572.1 KB, 77 views)