Federal Bank takes up management of World Exchange Centre WLL in Bahrain

KOCHI: Federal Bank has taken up the management of World Exchange Centre WLL in Bahrain. The arrangement will improve and strengthen bank's foothold in Bahrain.

At present, Federal Bank has 8 inward remittance arrangements with Exchange Houses from Bahrain.

After inking the management agreement with World Exchange, A Surendran, additional general manager & head international banking, Federal Bank said “With the present tie up with World Exchange, Federal Bank is hopeful of serving Indian diaspora in Bahrain in a more efficient manner.”