Thursday, June 19, 2008

BBK makes remittance easy for NRIs

MANAMA: Bahrain-based BBK has signed an agreement with Bahrain Indian International Exchange Company (BIIECO) to provide all its non-resident Indians (NRI) banking customers the opportunity of seamless remittance.

Customers will now be able to remit funds from their BBK account in Bahrain to their BBK or any other bank account in India.

Present at the signing ceremony held at the BBK head office in Manama were BBK assistant general manager - international banking division Ashish Sarkar, NRI business head Mudit Mathur, BIIECO chairman and managing director Khalil Ebrahim Qamber and general manager Lakshmi Narasimhan.

"BBK is one of the leading retail banks in the kingdom and we have a strong base of NRI clients in Bahrain and Kuwait," Mr Sarkar said."With this tie-up we will now provide them with a service to remit money back home more efficiently. In contrast to the traditional remittance services available, this would be a more convenient and trustworthy method as the client is directly dealing with their bank instead of a third party."

Our commitment at BBK NRI business remains, to serve the Indian community, through our own branches via such alliances with the best-in-the-industry partners.

"Our endeavour is to offer a wide range of quality products and services to our clients to cater to their growing needs with the BBK quality of service," he said."This is a proud moment for us at BIIECO to partner with a leading bank like BBK. This tie-up will enable us to reach out to the vast NRI community and increase our volume of business," Mr Qamber said.
http://www.gulf-daily-news.com/Story.asp?Article=219257&Sn=BUSI&IssueID=31076
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