Sensex

Tuesday, February 15, 2011

Punjab National Bank: Agreement with Weizmann Forex Ltd & BFC Forex & Financial Services Ltd

Punjab National Bank has informed BSE that the Bank has entered into an arrangement with :

1. Weizmann Forex Ltd., Mumbai (Principal Agent) for handling inward remittances under MTSS (Money Transfer Service Scheme) through "Western Union".

2. BFC Forex & Financial Services Ltd., Thane (Maharashtra) for handling inward remittances under MTSS (Money Transfer Service Scheme) through the web based product "EzRemit".

The Bank would act as Sub-Agent and the services are being launched shortly.

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