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Tamilnad Mercantile Bank inks pact with UAE Exchange and Financial Services to offer money transfer services

Saturday, 17 December 2011
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Indian private sector lender Tamilnad Mercantile Bank has tied-up with UAE Exchange and Financial Services, the Indian remittance and currency exchange arm of UAE Exchange Group, to provide speedy money transfer services.

The new business partnership will enable instant money transfer from non-resident Indians to Indian customers and general public at Tamilnad Mercantile Bank's branches via the 'Xpress Money' services of UAE Exchange and Financial Services, Tamilnad Mercantile Bank said in a statement.

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