Corporation Bank has tied up with Exchange Houses for Flash Remittance Facility. Under this facility NRIs residing outside India can remit the money to India and money will be credited immediately to the beneficiary's account maintained with Corporation Bank. It is 24x7 service without any holidays.
Exchange houses have been provided with Account View option to confirm the correct account number of the beneficiary before giving the credit. The exchange house will get the status of the transaction immediately. It is web based host to host remittance facility without any manual intervention.