MoneyWorks4Me

Federal Bank enters into partnership with National Australia Bank

02 Feb 2016 Evaluate

Federal Bank has entered into partnership with National Australia Bank to provide its NRI customers in Australia inward remittance facility at a discounted rate.  To avail this facility, customers need to register their National Australia Bank account details with Federal Bank and the cost is around one-third of the normal international fund transfer charges.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India.

Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1354.00
Axis Bank 1247.00
Kotak Mahindra Bank 438.70
Indusind Bank 865.40
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