Actor Madhavan named brand ambassador
The US digital remittance company Remitly has released an update to its money transfer service to India, raising the daily sending limit to US$30,000.
Also, the company has enlisted Bollywood actor, R. Madhavan as its brand ambassador.
“The remittance industry is undergoing a rapid digital transformation and India is the top receiver of remittances in the world, receiving over US$69 billion in remittances in 2017, higher than any other country,” said Matt Oppenheimer, Remitly CEO, said on 15 Aug 2018.
“This is a credit to India’s overseas communities around the world. They made the courageous decision to move to another country to live and work, sending their earnings back to loved ones in India.
“We’re committed to this community and honored to make the experience of sending money across borders easier for the hard-working individuals that contribute so much,” he said.
Remitly remains committed to India’s overseas community as evidenced by its growing partner network of over 150 banks for receivers in India and its recent update to the U.S. to India daily sending limit.
Remitly is the largest independent digital remittance company headquartered in the United States, transferring US$5 billion in annualized volume from its customers in the United States, United Kingdom, Australia, and Canada to loved ones throughout the world. fiinews.com
