Bahwan CyberTek (BCT), a leading global provider of innovative software products and solutions, has enabled Tamilnad Mercantile Bank Ltd. (TMB), one of the largest old generation private sector banks in Tamil Nadu, to go live with BCT’s state-of-the-art Cuecent eRemit solution.
TMB, with 355 branches and operations throughout India required a unified transaction platform for processing its growing inward remittance transactions. The bank has leveraged BCT’s integrated remittance platform Cuecent eRemit & Flash Remit to streamline their remittance operations and also provide enhanced experience to their customers. This especially benefits Non-Resident Indian (NRIs) by providing them the option of instant credit into the beneficiary account maintained with any bank in India.
Mr. S. Kandavelu, Deputy General Manager, International Banking Division, Chennai of TMB said “We chose to partner with BCT, a next generation technology provider, to implement Cuecent eRemit, their advanced remittance platform, to ensure that we offer our customers the best and most convenient way to carry out remittances. This marks a key milestone in our journey to provide enhanced functionality and customerexperience. This is a step in the right direction for us, as we strive to always exceed our customers’ expectations”.
“We are happy that yet another Bank – Tamilnad Mercantile Bank Ltd, has gone live with our remittance platform said Mr. S. Durgaprasad, Director and Chief Executive Officer for BahwanCyberTek Group. “BCT’s remittance solution is one of the leading remittance solutions in India. Our proven track record of successful implementations in a variety of financial institutions enabled TMB to select this tried and tested remittance platform.
