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PNB Launched a new Internet Based Remittance Service

 

New Delhi December 04, 2006
 

Punjab National Bank has launched a new remittance service with www.Buyindiaonline.com  Inc USA, a wholly owned subsidiary of Xoom Corporation, USA to effect inward remittances of NRIs, through their website www.xoom.com  whereby beneficiary can pick up Pay Order in his favour from any of its over 2000 CBS branches in India. www.Xoom.com  offers fast, easy and secure money transfers throughout India.

 

The Bank has a relationship with Buyindiaonline.com since August 2000, generating online remittances through its International Banking Branch, New Delhi for crediting remittances to beneficiaries accounts with all of its over 4000 branches as well as other banks through drafts. Over the last 6 years, the partnership has established as one of the most convenient money transfer service to India.

 

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