Financial Daily from THE HINDU group of publications
Thursday, Jan 05, 2006
Financial Daily from THE HINDU group of publications Thursday, Jan 05, 2006 |
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Money & Banking
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Private Banks Marketing - New Products & Services KVB mobile banking Our Bureau
CHENNAI: Karur Vysya Bank (KVB) has launched mobile banking services through SMS. The new service enables savings and current account-holders to view account information such as balance, transaction status and cheque status by sending SMS to the bank. They can also request for chequebook, issue stop-payment on cheques and make enquiry on their term deposit status. All these services will be provided free of cost. The customer can also register for SMS alerts for debit/credit transactions above a predetermined amount for which service charge of Rs 1 per alert will be levied. As an introductory offer, the bank is offering these alerts free till March.
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