Indian public sector bank, the Bank of Baroda has joined hands with UAE Exchange to provide instant cash transfer facility to NRI customers. UAE Exchange, the leading global remittance and foreign exchange company, serves more than 7.9 million customers worldwide and currently has over 750 branches across 32 countries. More than 9000 professionals from over 40 nationalities are part of the UAE Exchange team who strive to achieve excellence and bring delight to customers worldwide. The agreement, paves way for the customers to send money to their bank accounts in Bank of Baroda in India within minutes. Customers will also receive a SMS notification the moment the amount is credited in the bank account.
Bank of Baroda has a network of more than 5,000 branches across Europe, US, Africa, Asia and Australia and in financial centres like New York, London, Dubai, Hong Kong, and Singapore.
Tidbits
- Bank of Baroda is a public sector bank headquartered in Vadodara in Gujarat, India.
- Vadodara was previously called as Baroda.
- It is the second-largest bank in India after State Bank of India.
- Based on 2014 data, it is ranked 801 on Forbes Global 2000 list.
- The bank was founded by the Maratha, Maharaja of Baroda, H. H. Sir Sayajirao Gaekwad III on 20 July 1908 in thePrincely State of Baroda, in Gujarat.
- BoB has total assets in excess of
3.58 trillion, a network of 5089 branches in India and abroad, and over 6900 ATMs.
