South Indian Bank has inked pact with PFG Forex for remittance facility for the benefit of Indian expatriates from Australia. The new facility will leverage the bank to reach the Indian diaspora.
Under this arrangement, NRIs can enjoy cost-effective and fast remittance services using the bank’s Express facility. NRIs can visit the PFG Forex outlets across Australia for remittances to India. South Indian Bank is already having correspondent banking arrangement with National Australia Bank and Fly World Money Exchange for remittances to India.