Bank of Baroda launches International UPI service, receive or send money from abroad with bob e Pay

Bank Of Baroda: Bank of Baroda has launched International UPI service. With the new service, the bank’s customers can send or receive money abroad. Bank of Baroda has added three new international services to its Unified Payments Interface (UPI) app bob e Pay

Bank Of Baroda: Bank of Baroda has launched International UPI service. With the new service, bank customers can send or receive money abroad. Bank of Baroda has added three new international services to its Unified Payments Interface (UPI) app bob e Pay. These services include UPI Global Acceptance, Foreign Inward Remittance and UPI Service for NRIs. Indian and NRI customers of Bank of Baroda will be able to make cross-border digital payments and money transfers in real time and in an easy way.

Bank’s Executive Director Sanjay Mudliar said that UPI has changed the face of digital payments in India. Now through bob e Pay International, we are providing its service globally.

1. UPI Global Acceptance

Now Bank of Baroda customers will be able to make payments to international merchants directly by scanning QR code from bob e Pay app while traveling abroad. Payment will be made directly from Indian bank account. This facility is available in 8 countries. These countries include Mauritius, Singapore, UAE, USA, France, Sri Lanka, Nepal and Bhutan. The transaction amount will be shown in both international and Indian currency. Along with this, information about exchange rate and charges will also be available, so that transparency is maintained.

2. Foreign Inward Remittance Only Singapore (Foreign Inward Remittance)

Now Bank of Baroda customers living in India will be able to receive 24×7 real-time money transfers from people in Singapore. Singapore residents can send money by simply entering the UPI ID/VPA of the recipient. The amount will be sent in Singapore Dollars (SGD) and will come directly to the account in Indian Rupees (INR) in India. This facility will be useful for works like financial assistance to the family.

3. UPI Services for NRI

NRI customers of Bank of Baroda will now be able to send and receive money through UPI through bob e Pay app. While visiting India, they will be able to make merchant payments and peer-to-peer transfers by linking their NRE/NRO account to a domestic mobile number.

Transaction Limit

The daily and per transaction limit for all international UPI services is Rs 1 lakh, which is equal to the domestic UPI limit.

App Availability

Bank of Baroda has more than 13 lakh registered users of bob e Pay app. It can be downloaded from Google Play Store and Apple App Store and international services can be activated by going to Settings.

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