[Vidéo News] SBI (Mauritius) Ltd launch new card and service

SBI (Mauritius) Ltd has launched different products and services as part of the bank’s continuous efforts to provide an array of products to its customers that meet their evolving needs and fit their lifestyle.

Her Excellency, Ms Rezina Ahmed, High Commissioner of Bangladesh conducted the launching ceremony in presence of Mr Venkat N.Chalasani, DMD (IBG), Mr B.R.S. Satyanarayana, CGM (IBG) and Mrs Shashi Prabha, MD & CEO, SBI (Mauritius) Ltd along with eminent personalities from the Central Bank of Bangladesh.

1. Bangladesh Taka Remittance
In order to provide a secure and normal banking channels for sending remittance to Bangladesh, the SBI (Mauritius) Ltd have initiated a project, in association with the SBI Dhaka Branch, to provide a fair-cost remittance solution for their Bangladeshi customers. At present the services will be available to customers at all branches of SBI (Mauritius). The Bank is also planning to introduce the same functionality through its various other channels such as ATM, Retail Internet banking and Mobile Banking. The project will help the Bangladeshi immigrants to save time and cost for sending the remittances from the comfort of their nearest branch of SBI (Mauritius) Ltd.

2. Contactless Cards
The SBI (Mauritius) Contactless Debit Card is launched in association with Master Card International. It is a chip-based card and has dual features of an advanced contact and contactless feature. This enables the customers to make fast, convenient and secure everyday purchases by simply tapping the card on NFC (Near Field Communication) enabled POS terminals on Master Card Platform at shops and merchant establishments. The contactless feature ensures that the card never leaves the customers while making purchases as the customers tap the card POS terminals and payments are made within the prescribed daily and monthly limits. At present the contactless limit of the card has been set to MUR 1000 per day with an overall cap of MUR 2000 per month. The SBI (Mauritius) Contactless Debit Card contactless feature is identified by on the card.

3. Premium Debit Card
In order to provide the customers with better value proposition of our Debit Card, we have also introduced a new card variant i.e. PREMIUM DEBIT CARD. The card will be for the upwardly mobile customers with premium features added than the normal Debit Card.