Tuesday, June 23, 2009

(HERALD) FBC Bank launches global cash transfer facility

FBC Bank launches global cash transfer facility
Business Reporter

FBC Bank has launched a United Kingdom registered global cash transfer facility called Instant Cash that seeks to ensure efficiency and speed in the transfer of money from anywhere into the country.

Under the facility locals can now send or receive up to US$7 500 per day, as provided in the last Monetary Policy.

According to a statement issued by FBC, the Instant Cash is a state-of-the-art electronic money transfer system that ensures instant payment of cash from point to point, using the Internet as a medium of inexpensive data transfer over a secured and encrypted payment gateway.

"High speed and reliability are hall marks of this later generation product which boasts a round the clock dedicated customer support department.

"Clients can also track their transactions via the Internet to check on status using their Instant Cash Transaction Code, making it more convenient," read part of the statement.

It rides on state-of-the-art electronic money transfer system and has been developed for instantaneous remittances across the globe.

The remittance is web-based and has a lot of security that ensures funds reach the intended recipient.

According to the statement, the facility that was developed for the masses across the globe, charges the lowest fees for remittances and is backed by the latest technology for reliability.

In addition, the product is monitored and serviced round the clock by dedicated customer service professionals to deliver a fast and reliable service.

Instant Cash is represented in 56 countries in the world with hundreds of agents providing services in different parts of the countries involved.

It also has correspondent banking relationship with the best banks in all major countries, and is in the prime position to remit in all major countries.

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