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South Indian Bank partners with NAB for online remittances

South Indian BankLtd. and National AustraliaBank Ltd. agreed on an arrangement that will allow them to offer onlineinward remittances from Australia, BusinessStandard reported May 7.

National Australia Bank will be the main banking correspondentfor South Indian Bank in Australia. South Indian Bank said the tie-up will allowit to give its customers in Australia the best possible rates.