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Dec 5, 2007

Now, withdraw cash without ATM cards

If you are falling short of money while on a shopping binge, you can ask your friend to SMS a system generated personal identification number (PIN).The PIN can be used to withdraw money from his account in an automated teller machine (ATM). NCR, a global self service technology major, has developed an interactive technology for cash withdrawals without an ATM card. It is in talks with a leading private sector bank to offer this technology. “We are also in talks with a couple of other banks to offer our technology. The technology solution will offer services such as stock trading, shopping, mobile money transfer and bill payments through interactive ATMs. However, the system generated PIN can be used only once. Banks are willing to spend on this technology,” said country sales manager of NCR India’s financial solutions division Mr Manjunath Rao.

KVB ties up with IDBI Capital

Karur Vysya Bank (KVB) has tied up with IDBI Capital Market Services Ltd to provide online trading facility on both BSE and NSE for its demat account holders. These transactions could be put through idbipaisabuilder.in of IDBI Capital and the service would be available from March 1, 2008, Mr P. K. Kuppuswamy, Chairman, KVB said.

Centurion’s service for NRIs in Canada, UK

Here is the beginning of my post. And here is the rest of it.Non-resident Indians in Canada and United Kingdom can get all information regarding account operations through ‘Post Box Service’ without incurring any courier charges. Centurion Bank of Punjab has launched ‘Post Box Service’ in the two countries for NRI customers who can use the service to send documents, statement and cheque requisition, account instructions, electronic banking application form, mandate application form, change of address form, PIN re-generation, debit card re-issue or any other account operating instructions including FD opening or renewal instruction. The service will be provided free of charge. The documents should be sealed thoroughly and sent through ordinary inland postal service in the above countries. The service cannot be used for sending cheque, demand draft, cash or any other monetary instrument.

SBI requires Law Officers - Click here for more

Here is the beginning of my post. And here is the rest of it. SBI is recruiting for Law Officers

SBI is hiring - click here for more details

State Bank of India is hiring for the post of Customer Relationship Executives (contractual basis)