{"id":46076,"date":"2024-12-18T17:31:43","date_gmt":"2024-12-18T17:31:43","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/?p=46076"},"modified":"2024-12-18T17:31:43","modified_gmt":"2024-12-18T17:31:43","slug":"standard-chartered-bank-launches-fema-centre-of-excellence-digital-fema-document-repository-on-straight2bank","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2024\/12\/18\/standard-chartered-bank-launches-fema-centre-of-excellence-digital-fema-document-repository-on-straight2bank\/","title":{"rendered":"Standard\u00a0Chartered\u00a0Bank launches FEMA Centre of Excellence  &#038;  Digital FEMA document repository on Straight2Bank"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Indore, 18 December 2024, India \u2013\u00a0<\/strong>Standard\u00a0Chartered\u00a0Bank, India, announced the launch of its \u201cFEMA (Foreign Exchange Management Act) Centre of Excellence\u201d proposition to help clients navigate and comply with the dynamic regulatory environment and enhance efficiencies.<\/p>\n<p style=\"text-align: justify;\">In addition to the FEMA Centre of Excellence, the Bank also introduced a self-service capability to optimise the Cross-border payments journey for its clients where a document repository for initiating outward remittances abroad from India is available on Straight2Bank (S2B), which is\u00a0Standard\u00a0Chartered\u2019s fully integrated internet banking Digital platform.<img loading=\"lazy\" class=\"size-medium wp-image-46077 alignleft\" src=\"https:\/\/eodishasamachar.com\/en\/wp-content\/uploads\/2024\/12\/SCB-300x167.jpg\" alt=\"\" width=\"300\" height=\"167\" srcset=\"https:\/\/eodishasamachar.com\/en\/wp-content\/uploads\/2024\/12\/SCB-300x167.jpg 300w, https:\/\/eodishasamachar.com\/en\/wp-content\/uploads\/2024\/12\/SCB.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p style=\"text-align: justify;\">The FEMA\u00a0team combines deep industry knowledge with a breadth of situational experience to work seamlessly with clients to address their queries and guide them through any emerging complexities. This desk currently has team members based out of the metros namely Mumbai, Delhi, Bengaluru and Chennai.<\/p>\n<p style=\"text-align: justify;\">Speaking on the launch,<strong>\u00a0Zuzar Tinwalla, Cluster Chief Technology &amp; Operations Officer, India and South Asia,\u00a0Standard\u00a0Chartered\u00a0Bank, said,<\/strong>\u00a0\u201cCapital Account\u00a0transactions requires strict adherence to regulations. With the launch of the FEMA Centre of Excellence and Digital FEMA document repository, we are looking to assist our clients in navigating the dynamic regulatory environment. This is a perfect example of the Bank harnessing the best of talent and technology for clients, enabling them to move quickly with enhanced efficiencies.\u201d<\/p>\n<p style=\"text-align: justify;\">Standard\u00a0Chartered\u00a0has also launched various educative capital account handbooks and guides, as well as a \u201cFEMA Insights\u201d newsletter, to keep clients informed about recent FEMA amendments and circulars along with its interpretations and impact analysis.<\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>Indore, 18 December 2024, India \u2013\u00a0Standard\u00a0Chartered\u00a0Bank, India, announced the launch of its \u201cFEMA (Foreign Exchange Management Act) Centre of Excellence\u201d proposition to help clients navigate and comply with the dynamic regulatory environment and enhance efficiencies. In addition to the FEMA Centre of Excellence, the Bank also introduced a self-service capability to optimise the Cross-border payments &hellip;<\/p>\n","protected":false},"author":1,"featured_media":46077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[42],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/46076"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=46076"}],"version-history":[{"count":1,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/46076\/revisions"}],"predecessor-version":[{"id":46078,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/46076\/revisions\/46078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/46077"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=46076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=46076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=46076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}