Non-Resident Indians will soon get be able to make digital payments using Unified Payments Interface (UPI) with their international contact numbers. NRIs will not require to have an Indian mobile number to access UPI transactions. The National Payments Corporation of India (NPCI) is letting NRIs living in 10 countries make payments digitally from their Non-Resident (External) Rupee or Non-Resident Ordinary bank accounts.
Non-Resident Indians Of 10 Countries Globally Can Soon Make UPI Payments
The NCPI stated how they got many requests in the past asking for every NRI’s access to make digital payments using their international mobile numbers itself. Now, finally, they will very soon be able to make UPI transactions. At the moment, it is a pilot project and only 10 countries are coming under this phase. NPCI has provided a deadline of 30 April for the partner banks to follow the directions and guidelines of NRIs making UPI payments.
NRIs of these 10 countries can do digital transactions using their international numbers: Australia, Canada, Hong Kong, Oman, Qatar, Saudi Arabia, Singapore, United Arab Emirates, United Kingdom, and the United States.
These Are The 10 Countries With Codes For Online Transactions:
- Australia (+61)
- Canada: (+1)
- Hong Kong: (+852)
- Oman: (+968)
- Qatar: (+974)
- Saudi Arabia: (+966)
- Singapore: (+65)
- United Arab Emirates: (+971)
- United Kingdom: (+44)
- United States: (+1)
NRIs or Persons of Indian Origin living in any of these countries can make UPI payments from their NRE accounts. And the NRO account is for Indians in these 10 countries for digital transactions. There are a few conditions for this UPI pilot project. The partner bank will be required to follow the guidelines and regulations of the Foreign Exchange Management Act regulations and the Reserve Bank of India.
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This is surely a super beneficial and convenient project that will help Indians in every step while staying in these countries. No matter if one is an international student living in these countries or families settling there, this will be helpful for everyone.
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