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South Indian Bank has announced the launch of its Remit2India service, a secure online money transfer service for NRIs. The new arrangement facilitates faster, cost-effective remittance from the US to SIB accounts in India. As an inaugural offer, NRI customers get cash back of ₹600 each on the first three remittances, until August 8. Customers can avail this service by registering on www.southindianbank.com. Currently, South Indian Bank’s facility is available for remittances from Europe, Australia, the UAE and Singapore.
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