Oman UAE Exchange has partnered with State Bank of India to launch a service 'FLASHremit', which will make money transfer a seamless experience for customers.
FLASHremit is a real time account credit facility. With this facility, customers residing in Oman can instantly transfer money to any SBI account in India, Oman UAE Exchange said in a statement.
Commenting on the tie-up, Oman UAE Exchange CEO Boban MP said: "The FLASHremit service empowers the customers to transfer money in real time. Another value-added service being provided to the customers is the instant SMS notification that will reach both the sender and the receiver once the amount is credited."
State Bank of India Deputy General Manager J V Ramanan said Oman is emerging as a strong market in the remittance industry.
"We are glad to partner with Oman UAE Exchange as the integration of FLASHremit in our bouquet of services will enable the customers to remit home in a more convenient, instant and secured manner," he said.
Established in 1995, Oman UAE Exchange is the Oman arm of UAE Exchange.
