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Catholic Syrian in NFS network

Our Bureau

New Delhi, March 19

Catholic Syrian Bank (CSB) has become a member of the National Financial Switch (NFS).

The NFS comprises a national switch to facilitate inter-connectivity between the banks' switches, inter-bank payment gateway for authentication and routing of payment details of various e-commerce transactions and e-government activities, according to a company release. The NFS Network now connects 8,345 ATMs, which is the largest number of ATMs under a single network in the country. This initiative will facilitate CSB customers to utilise all the ATMs belonging to 24 major banks coming under NFS at moderate charges. VISA-enabled global support cardholders can withdraw cash from more than one million ATMs and shop at 24 million merchant establishments worldwide. CSB Global Support Card holders can make card-to-card money transfer utilising CSB ATMs.

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