IDFC FIRST Bank today announced that Non-Resident Indian (NRI) customers of the bank can now make UPI payments using their international mobile numbers. NRIs can now make real-time UPI payments from their NRE or NRO accounts with IDFC FIRST Bank through the Bank’s mobile application, without incurring any charges. Additionally, they have the flexibility to link their IDFC FIRST Bank accounts to other UPI-enabled applications. This facility is available to all IDFC FIRST Bank NRI customers from 12 countries Australia, Canada, France, Hong Kong, Malaysia, Oman, Qatar, Saudi Arabia, Singapore, the UAE, the UK, and the USA – for INR-denominated transactions within India.
With this new feature, IDFC FIRST Bank has seamlessly integrated UPI payments into its digital banking platform for NRIs, enhancing convenience and accessibility. The NRI customers can now send and receive money instantly using QR codes, UPI IDs, or mobile numbers. This allows the Bank to empower its NRI customers to manage their finances with the same ease and security as domestic customers.
Key Benefits:
- No Indian SIM Required: Use your international mobile number linked with NRE/NRO account
- Instant Transactions: Send & receive money or pay bills using QR codes/ UPI IDs/ mobile number
- Zero Transaction Fees: Enjoy UPI payments without incurring any charges.
- Secure and Reliable: Enjoy the same level of security standards as domestic UPI
Ashish Singh, Head Retail Liabilities, “Our vision has always been to simplify and enhance banking, making it accessible no matter where our customers are located. The launch of UPI services on international mobile numbers is a testament to our commitment to innovation, and catering to the unique needs of the NRI diaspora.”
NRIs can use the UPI facility even while being abroad, provided the payments are for transactions within India. Such transactions do not attract any foreign exchange charges.
3 Simple Steps to enable UPI Transactions and make payments:
Step 1: Login to the IDFC FIRST Bank app and click ‘PAY’
Step 2: Link Bank Account
Step 3: Create UPI ID to start making payments.