International transaction abilities of Niyo SBM

Niyo Product Niyo Support
2

Hey @jamesabraham ! Welcome to :niyo_community: Community. We’re happy to have you onboard :airplane:.

  1. The transaction of your initial deposit fees has to be made via debit card as outward remittance is not yet launched. However, do note that it’s in our pipeline and wish to launch it in the upcoming month(s).
    NOTE 📋 : You will be charged a 5% of Tax Collected at Source (TCS) on value greater than INR 7.5 lacs.

  2. Yes, you heard right! The app is still in beta phase, and, WE’RE ALL EARS:ear:. If you do have any suggestions please do let us know here: Feature Request > Niyo SBM.
    NOTE 📋 : The transactions made by Debit card on ECOM or ATM or POS or Contactless won't be affected and will continue to work 24x7 worldwide.

  3. The airport lounge access is already LIVE. Read more about it here: #FeatureUpdate > Airport Lounge Access ✈️.

If you do have any further concerns, feel free to reach out to us again! :sunglasses:.

Cheers,