Corporation Bank in partnership with Tomas Cook (India) and Master Card, has launched a secure ‘EMV Compliant Forex Travel Card’ on March 12, 2014, for the benefit of Indians travelling abroad for business and/or leisure.
The single Card with 8 currency pockets is a unique Borderless prepaid card introduced by the bank to enhance customer convenience and security. The bank’s pan India presence will be leveraged to market this product.
Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906. Government of India is the majority shareholder holding 59.82% stake in the bank. As on March 31, 2013, the bank has 1707 branches and 1425 ATMs.
