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India mandates same-day cross-border bank transfers by banks.
The Reserve Bank of India has introduced new rules to speed up cross-border payments, requiring banks to credit funds on the same business day during market hours and notify customers immediately.
The regulations mandate faster reconciliation of accounts and the use of digital tools to streamline the process.
Banks have six months to implement these changes.
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India exige transferencias bancarias transfronterizas en el mismo día por los bancos.