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  #1  
8th May 2015, 01:00 PM
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South Indian Bank and Uae Exchange

My Brother lives in UAE so I want to send him some money through money transfer banking. Please tell me that South Indian Bank provide UAE Exchange. Can you provide me information about this?
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  #2  
1st December 2015, 03:10 PM
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Re: South Indian Bank and Uae Exchange

Hello sir I am Shamisha, can you please tell me the salient features of the SIB Flash which was launch by South Indian Bank and UAE Exchange, Abu Dhabi??
  #3  
1st December 2015, 03:10 PM
Super Moderator
 
Join Date: Aug 2012
Re: South Indian Bank and Uae Exchange

South Indian Bank and UAE Exchange, Abu Dhabi have jointly launched a brand new remittance product, “SIB Flash”.

It is an instantaneous credit facility to credit the beneficiaries’ account within seconds of remitting the fund at UAE Exchange.

Salient features of SIB Flash

REAL TIME credit facility to send remittances through all branches of UAE Exchange Centre, Abu Dhabi to South Indian Bank accounts.

The beneficiary’s account will be credited within seconds and that too without manual intervention.
First Bank and first Exchange House to have such a facility in India.

The remitter gets an SMS confirmation on completion of the remittance process within 60 seconds.

The beneficiary also gets an SMS, in the case of customers registered under Mobile banking.

Presently there is a cap of INR 20 Lakhs per remittances routed through FLASH, which may be reviewed and revised at a later date on mutual consent.

No additional charges to be borne by the remitter under SIB Flash. Only the normal charges applicable as in the case of SIB Express facility is collected by the EH.

It is a web based remittance via SIB Payment Hub.

State of the art security features are in place for this remittance facility.


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