EbixCash World Money gets perpetual RBI AD-II licence for expanded remittances
EbixCash World Money says its perpetual RBI AD-II licence enables trade remittances up to ₹25 lakh and family-maintenance payments, extending cross-border payment access for MSMEs and households through its branch, airport and partner-bank network.
What happened
Ebixcash World Money · EbixCash World Money says it became the first Indian AD-II entity with a perpetual RBI licence and authority for trade remittances up to
Key facts
- ₹25 lakh
- 100+ branches
- 70+ cities
- 20+ international airports
- 25,000+ touchpoints
- 40+ partner banks
- 12+ currencies
- 75%+ of India's cash-to-cash inward remittances
Why this matters
The AD-II authorisation makes EbixCash World Money a more relevant partner for banks, MSME platforms and travel networks seeking regulated remittance distribution without building their own physical reach.
What to watch
- RBI clarifications or circulars affecting eligible transaction purposes, limits, reporting and AD-II compliance obligations.
- Quarterly disclosures on remittance transaction value, fee revenue, branch productivity and customer activation.
- New bank partnerships, digital remittance launches or expansion of authorized outlet coverage.
- Evidence of MSME adoption, especially import-related small trade payments below the ₹25 lakh threshold.
- Regulatory actions, audit findings, AML/KYC incidents or customer complaints that could raise operating costs or slow growth.
- Price cuts or feature launches from banks, money-transfer operators and fintech cross-border payment providers.
- Expand merchant and MSME onboarding through partner banks, trade associations and branch-led assisted journeys.
- Add digital document collection, transaction tracking and compliance workflows for eligible trade and family-maintenance payments.
- Bundle remittance access with forex, prepaid, travel, insurance and payment products to raise customer lifetime value.
- Prioritize airport, border-city, migrant-corridor and MSME-cluster locations where physical support can differentiate from app-only rivals.
- Disclose remittance volumes, active outlets, partner-bank additions and compliance controls to demonstrate monetization of the licence.