Bank of Baroda ties up with UAE Exchange for instant money transfer

Leading Indian public sector bank Bank of Baroda (BoB) has partnered with UAE Exchange to offer Non-resident Indian (NRI) customers an instant cash transfer facility.

In this regard agreement was signed between both parties. This agreement will facilitate customers can send money within minutes to their desired bank accounts in BoB in India.

This facility is also supported by SMS alert, which will notify the moment the amount is credited in the bank account of desired customer.

UAE Exchange is a global remittance and foreign exchange (FOREX) company. It serves over 7.9 million customers worldwide and currently has presence in 32 countries with over 750 branches across 32 countries.

Currently, Bank of Baroda (BoB) has a network of more than 5,000 branches across United States, Europe, Africa, Australia and Asia. Its financial centres are located in cities like New York, London, Hong Kong, Singapore and Dubai.

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Categories: Banking Current Affairs 2017

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