PNB LAUNCHES ‘NRI REMIT-INDIA’ & RELAUNCHES WORLD TRAVEL CARD AT MUMBAI

INVC,,

Mumbai,,

K.R. Kamath, Chairman & Managing Director, PNB launched ‘PNB NRI REMIT-INDIA’ and RET AD techno savvy products at Mumbai.

Sh. Kamath informed that PNB NRI REMIT-INDIA is an on line cross border remittance solution to send money from USA to India. This is in association with The Bank of New York Mellon, New York.

RETAD is an online reporting system meant for Bank branches authorized to deal in Foreign Exchange. It is an online base system. Under this system branches can report their foreign exchange transaction, sale or purchase through system. Present on the occasion were Sh. Anees Kumar, Managing Director, Treasury Services India Sub Continent, The Bank of New York Mellon and Ms. Nisha Parera, Vice-President, The Bank of New York Mellon.

PNB CMD, Shri K.R.Kamath, also relaunched the PNB World Travel Card in association with MasterCard. The PNB World Travel Card has been designed as a Prepaid Wallet for persons traveling abroad that can be used outside India. This Card is available in 3 currencies, viz., US Dollar, EURO & British Pound

Punjab National Bank has emerged as a technology savvy Bank that offers world class technology products and services to its customers along with the distinction of being the largest nationalized Bank with 100% branches on CBS network. The Bank has positioned itself as peoples’ bank, with more than 58 million customers across the country.

CMD Shri K.R.Kamath, thanked the associates and the esteemed customers for their support and the cooperation in keeping the Bank to scale greater height. He emphasized that the Bank’s products need to be customer-centric and the Bank should tailor its products as per customer’s requirement through product innovation.

Shri S.K.Dubey, General Manager IBD HO and Shri K.K. Arvindakshan, Field General Manager, Mumbai and Shri S.A.R. Zaidi, Deputy General Manager and Mumbai Circle Head were also present on the occasion.