Frequently Asked Questions

Fund Transfer

If I have to send money to someone, do they also have to be a Fi user?

No, the person to whom you are sending money does not have to be on Fi. This means they don't have to have an account on Fi. You can transfer money to anyone in India using Bank Transfer or UPI.

How do I send money using the Fi app?

Fi partners with the best to secure your money

ISO 27001:2022

Our partner bank hosts your Savings Account and follows all security standards per applicable regulations.

Your money is always safe with our banking partner - Federal Bank, is covered under the Deposit Insurance and Credit Guarantee Corporation Scheme. This insures your money up to ₹5 lakh.

Fi itself is not a bank and doesn’t hold or claim to have a banking license.

FAQTransactionsFund Transfer

Fund Transfer

If I have to send money to someone, do they also have to be a Fi user?

No, the person to whom you are sending money does not have to be on Fi. This means they don't have to have an account on Fi. You can transfer money to anyone in India using Bank Transfer or UPI.

How do I send money using the Fi app?

Fi partners with the best to secure your money

ISO 27001:2022

Our partner bank hosts your Savings Account and follows all security standards per applicable regulations.

Your money is always safe with our banking partner - Federal Bank, is covered under the Deposit Insurance and Credit Guarantee Corporation Scheme. This insures your money up to ₹5 lakh.

Fi itself is not a bank and doesn’t hold or claim to have a banking license.

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Frequently Asked Questions

Fund Transfer

If I have to send money to someone, do they also have to be a Fi user?

Fi partners with the best to secure your money

Fund Transfer

If I have to send money to someone, do they also have to be a Fi user?

Fi partners with the best to secure your money