Friday, August 20, 2010

South Indian Bank launches ‘SIB Flash’ remittance service for NRIs

South based lender, South Indian Bank (SIB) has launched 'SIB Flash', a real-time remittance service with the UAE Exchange Centre for its NRI customers.

Through this service the NRIs will be able to remit funds instantaneously into the beneficiary accounts with SIB through the Exchange's online banking service.

SIB Managing Director V.A. Joseph said, “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.”