UAE Exchange, a leading remittance and foreign exchange brand, and Union Bank of India (UBI) have teamed up to launch a real time account credit facility, which enables UBI customers get  instant credit to their accounts.

“Indian expatriate customers to experience a revolutionary improvement in turnaround time for account credit,” said Dr B R Shetty, MD & CEO, UAE Exchange, while announcing the launch of the service branded Union Flash Remit.

Flash Remit has revolutionised the account credit scenario, where the beneficiary will receive money in their bank account within minutes, in a secured manner.

The moment the amount is credited to the beneficiary’s account, an SMS notification is instantly sent to the mobile phones of both the sender and the receiver, thus reducing on the follow up costs. Union Flash Remit service with Union Bank of India is available 24 x 7, 365 days, which includes Sundays and bank holidays, a statement said.

UAE Exchange, the leading global remittance and foreign exchange brand, in association with Union Bank of India, one of the leading public sector banks of India, extends this real time account credit facility to all the account holders of Union Bank of India.

M V Nair, chairman and managing director of Union Bank of India, said: “Union Flash Remit is a testimony of our promise to the customers to offer them the best service possible. Taking remittance service to the next level, we present the innovative real time account credit facility, Union Flash Remit, to our customers.”

“With this product, customer satisfaction shall achieve heights never experienced before, strengthening relationship with our valued customers even more. It gives us great delight to present to you this product in association with our long time remittance partner UAE Exchange, who, like us, is known for value-based services and customer-oriented approach,” he added. – TradeArabia News Service