New Launch15 Nov 2025, 03:44 pm
Eraaya Lifespaces Subsidiary EbixCash Partners With Banking Circle to Simplify Cross-Border Payments for Indian Students and Travellers
AI Summary
Eraaya Lifespaces leading Indian Subsidiary EbixCash World Money Limited, a leading provider of foreign exchange and outward remittance services, has partnered with Banking Circle to facilitate direct settlements through local rails across major global corridors. This collaboration aims to address the rising demand for seamless and efficient global transactions in India, eliminating delayed settlements, minimizing unpredictable intermediary charges, and simplifying complex regulatory hurdles.
Key Highlights
- EbixCash World Money has partnered with Banking Circle to simplify cross-border payments for Indian students and travellers.
- The partnership enables direct settlements through local rails across major global corridors including the UK, EU, US, Canada, Australia, Singapore, and the GCC.
- This collaboration addresses critical challenges faced in international remittance, offering real-time tracking, lower charges, and accelerated settlement.
- Banking Circle's virtual IBANs and structured references will eliminate hidden costs, improve traceability, and simplify reconciliation.
- This development reinforces EbixCash’s commitment to building a comprehensive financial infrastructure tailored to local market needs.