 Trichur: South Indian Bank has signed a service agreement with TimesofMoney.
This tie up would enable all NRIs across 22 countries, to remit funds online to any bank in India under the NEFT/RTGS network.
However this service provided by TimesofMoney would ensure all NRIs to get a robust transaction platform along with better pricing, safety and speedy money transfer.
Commenting on the tie up, Mr Avijit Nanda, President, TimesofMoney said, "We are delighted to partner with South Indian Bank which is one of the prominent banks in South India. As per World Bank report 2010 with 11.3 million emigrants, India ranks as the top remittance receiver in the world estimated at US$ 55 billion p.a. Remittance through the online channel is increasing at an incredible pace."
Now NRIs can visit South Indian Bank's website www.southindianbank.com and click 'NRI Banking' to get the link to 'online money transfer'. This service provides a safe and convenient money transfer experience. However, there is a minimum and maximum limit for money transfers.
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