MoU signed with Greek bank to facilitate remittances to India using UPI

NPCI International Payments Limited (NIPL), a subsidiary of NPCI, and Eurobank, a Greek bank, signed an MoU to enhance cross-border payments using the UPI platform. The focus is on streamlining remittances from Greece to India. This collaboration positions Greece as one of the first European countries to enable seamless UPI-based remittances for the Indian diaspora.