QUICKREMIT - SOUTH EAST ASIA

Why choose this product:

• Free money transfer
  facility online
• Superior and best-in-class exchange rates
• Quick, easy and secure money transfer option

 

• Superior exchange rates
• Transfer money FREE of charge
• Direct credit to your or your beneficiary's HDFC Bank Account in INR
• Direct credit to your or your beneficiary's account with other banks (more than 54200 branches of over 90 banks across India)
• Doorstep delivery of Rupee Demand Draft at over 1650 locations across India
• Track your transfer through the online tracker and via e-mails
• Maintain an address book of all beneficiaries
• Send a personalised message with the remittances
• Round-the-clock customer service assistance available at your service
• Make online donations to a host of charitable trusts and organisations

Applicable exchange rate for my remittances 

• Click here for today's Exchange Rates.
• The rates shown are only indicative rates and the rate applicable to your remittance is based on the rate prevailing on the day your funds are converted into rupees.

Service Tax for online transfers

• For Amount of currency exchanged up to Rs.100,000 - tax * will be 0.1% of amount, or min Rs.25/-
• For Amount of currency exchanged above Rs.100,000 up to Rs.1,000,000 - tax * will be Rs.100 + 0.05% of incremental amount above Rs.100,000
  
  * Education Cess @ 3% on the amount of service tax
• Additionally, in case there is a Demand Draft drawn on Non-HDFC Bank location, extra fee of Rs. 0.75 per thousand (minimum amount of fee - Rs. 20) will be deducted.
  Fees and charges are subject to change; HDFC Bank reserves the right to modify the charge schedule without prior notice.

Transaction limits for online transfers 

• Minimum Amount of SGD to execute a transaction is SGD 250
• Maximum Amount of SGD that can be sent in one transaction is SGD 5000

*One week count starts from the day the money from the previous remittance reaches beneficiary account in India.

• Step 1: Log on to www.hdfcbank.com
• Step 2: Register yourself for Quick Remit service.

Please note : There is no need to add your local bank account on our website.

• Step1: Log on to Quickremit website
• Step 2: Click on the "Remit Now" link.
• Step 3: Choose your country as Singapore, with this you will be shown the currency as Singapore Dollars
• Step 4: Choose "Bill Payment" as the preferred mode of transfer.
• Step 5: Add details of the beneficiary, the recipient of your remittance in your Address Book.
• Step 6: Add the amount that you want to send in Singapore Dollars
• Step 7: Log on to DBS/PSOB Bank's website and initiate your Internet Banking Instruction, choosing the "Bill Payment" option, select Payee Name "HDFC Bank Ltd" from the drop down list and enter QR000 with '10' digit remittance reference number under Consumer Reference No, enter the amount of remittance and submit.

We request you to please enter the 10 digit remittance reference number and the remitter's name in the payment description field on your bank’s website while initiating the payment. This would help us to trace and process your funds as per the schedule.

Process mechanism : 

• The money is directly credited to your beneficiary's bank account in 48 hours. You can also track the status of your remittance all the way till it is credited to your HDFC account.

• Log in to Quickremit to check the transaction status on the Online Tracker
• If your transaction status reads "Funds in Clearing" then it means that we haven't received credit. As soon as we receive the money, the notification changes without delaying payment to the recipient in India.
• Also, receive email updates about your transaction status

Quickremit offers you the simplest way to make online donations to a host of charitable trusts and organisations in India.

For more information, please logon to Quickremit