MoneyWorks4Me

South Indian Bank inks pact with PFG Forex

07 Jul 2017 Evaluate

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.

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
View more..