ETV Bharat / business
Bharat Connect Gets Linked With FX-Retail Platform; Enables Customers To Buy USD
It will enable individual customers to buy US dollars in the form of currency notes, forex card load or for outward remittances at competitive prices.
Mumbai: The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US dollars in the form of currency notes, forex card load or for outward remittances at competitive prices.
With the linkage, customers will be able to access USD through their preferred payment/banking apps integrated with the Bharat Connect or Bharat Bill Payment System (BBPS) platform.
Currently, five lenders -- Axis Bank, Federal Bank, ICICI Bank, State Ban