South Indian Bank launches remittance facility

By IANS
Tuesday, August 17, 2010

KOCHI - South Indian Bank (SIB) Tuesday launched “SIB Flash”, a real-time remittance service with the UAE Exchange Centre.

The service will enable non-resident Indians to remit funds instantaneously into the beneficiary accounts with SIB through the Exchange’s online banking service.

“This is a secure way of transferring funds swiftly and easily using state of the art system which will help thousands of our valued NRI clients,” said SIB Managing Director V.A. Joseph.

Filed under: Economy

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