EbixCash gets RBI’s AD-II licence for trade remittances
EbixCash has received a perpetual AD-II licence from the RBI, allowing it to directly process trade and family-maintenance remittances. The approval expands its cross-border payments offering for MSME importers and exporters, reducing their reliance on banks.
EbixCash received RBI's perpetual AD-II licence to process trade and family-maintenance remittances, enabling direct cross-border payment services for Indian MSME importers and exporters and reducing reliance on banks.
Why this matters
No prior related EbixCash signals were provided for pattern comparison. The RBI approval adds direct cross-border trade and family-maintenance remittance processing for MSME customers.
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