Corporation Bank has entered into an agreement with foreign exchange company UAE Exchange to offer ‘FLASHremit’ services to customers. This partnership pact will enable customers to send money real time to their beneficiaries’ bank accounts in Corporation Bank. Through this service money will be transfer to the bank account within minutes and both sender and receiver will be intimated through SMS on account credit.
UAE Exchange has over 650 branches across 30 countries in five continents and has correspondent relationships with over 150 global banks. Since the launch of ‘FLASHremit’, seven banks in India have partnered with the remittance major. Apart from India, FLASHremit extends convenience to customers in Philippines, Nepal, Sri Lanka and Pakistan & Bangladesh.
Corporation Bank has been serving millions of customers since 1906. With over 6000 service outlets overseas, it is one of the premier public sector banks in India.
