EbixCash World Money secures perpetual RBI licence for trade and family remittances

The perpetual AD-II licence lets EbixCash World Money process eligible trade remittances of up to Rs 25 lakh per transaction and family-maintenance transfers, extending its cross-border payments proposition for Indian MSMEs through branches, airports and digital touchpoints.

— Source publishedFri, 31 Jul, 2026, 19:51 IST·First seen Fri, 31 Jul, 2026, 19:53 IST·Source YourStory

What happened

Ebixcash World Money · EbixCash World Money received a perpetual RBI AD-II licence with authority to handle eligible trade remittances up to Rs 25 lakh and

Key facts

  • perpetual RBI AD-II licence
  • trade remittances up to Rs 25 lakh per transaction
  • more than 100 branches
  • over 70 cities
  • more than 20 international airports
  • over 25,000 customer touchpoints
  • more than 12 currencies
  • more than 75% of India's cash-to-cash inward remittances
  • close to 20% of AD-II outward remittances
  • partnerships with over 40 banks

Why this matters

The licence makes EbixCash World Money a more credible partner or acquisition target for banks, fintechs and MSME platforms seeking regulated Indian cross-border payment distribution.

What to watch

  • Quarterly disclosures or management commentary on trade-remittance volumes, active MSME customers and remittance revenue mix.
  • Evidence of digital adoption, including repeat-transaction rates and migration from branch-led to app or web-led initiation.
  • Pricing moves by banks, authorised dealers, fintech remittance firms and B2B cross-border payment platforms.
  • RBI guidance, enforcement actions or rule changes affecting AD-II reporting, KYC, purpose codes, transaction limits or trade-documentation requirements.
  • Expansion of EbixCash World Money branches, correspondent relationships or partnerships in MSME-heavy trade corridors.
  • Foreign-exchange volatility and import demand, which can affect customer remittance volumes and hedging needs.
  • Launch MSME-focused trade-remittance packages with transparent FX spreads, transaction-status tracking and documentation support.
  • Target existing forex, travel and corporate customers for cross-sell into eligible import-payment and family-maintenance remittances.
  • Expand digital onboarding and integrate compliance workflows to reduce turnaround time for repeat remittance customers.
  • Use airport and branch touchpoints to acquire diaspora-linked family-remittance customers, then migrate repeat transactions to digital channels.
  • Pursue partnerships with MSME associations, trade platforms, logistics providers and accounting software firms to embed remittance access in merchant workflows.

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