UAE Exchange joins hands with Canara Bank to offer FLASHremit – the real-time account credit facility, to the expatriate customers. An agreement was signed by the top officials of both
UAE Exchange and Canara Bank, for the same.
Dubai 5 November, 2013: UAE Exchange, the leading global remittance and foreign exchange brand, joins hands with Canara Bank, to offer FLASHremit. Now, all Canara Bank expatriate customers can send money in real-time, to their accounts, back home.
“Convenience to customers has been a UAE Exchange trait and we have always strived to cater to our customers with the latest in technology.” said Dr. B. R. Shetty, MD & CEO, UAE Exchange. “It is our pleasure to partner with Canara Bank for FLASHremit, which empowers our customers to send money in real-time. At UAE Exchange, we look forward to add more value to the customers, thus further strengthening the relationship.” added Dr. Shetty.
Mr. V S Krishnakumar, Executive Director, Canara Bank, said, “Enhanced customer experience has been our vision and we are glad to have a strategic partnership with UAE Exchange which thinks alike, for the customers. We are associated with the remittance major for quite long and we see this tie up, as a Diwali gift for our customers”.
FLASHremit is the real-time account credit facility from UAE Exchange. It is a unique product of its kind, which remits cash to bank account, in real time. FLASHremit has already marked its presence in Bangladesh, India, Indonesia, Nepal, Pakistan, Philippines and Sri Lanka. Famed for its excellent customer service, UAE Exchange serves to over seven million customers and their dear ones, worldwide. This widest globally networked remittance brand has over 700 branches across 30 countries in five continents. Its strong correspondent banking relationship with over 150 global banks add to the might.
More than 9000 professionals representing over 40 nationalities, strive to achieve excellence and bring delight to customers, worldwide. This penchant for quality has won the ISO certified brand many global awards for quality & business excellence, and earned the trust of customers, partners and regulators alike, thus earning the acclaim of the World’s Trusted Money Transferrer.
Canara Bank was established in 1906, in Mangalore by Shri Ammembal Subba Rao Pai a great visionary and philanthropist,. It attained National Level status in 1969, which was then followed by several milestones in its 100 plus years of successful service. Today, Canara Bank occupies a premier position in the comity of Indian banks, with an unbroken record of profits. With over 4,000 branches spread across the counry, Canara Bank also became the first Public Sector Bank to obtain ISO Certification for a branch. Over the years, the Bank has scaled up its market position to emerge as a major ‘Financial Conglomerate’ with as many as nine subsidiaries/sponsored institutions/joint ventures in India and abroad.
The event was attended by senior officials of UAE Exchange and Canara Bank.
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