Lloyds TSB Scotland India Banking Service introduced
www.moneynews.co.uk > Banking > Lloyds TSB Scotland India Banking Service introduced
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Lloyds TSB Scotland India Banking Service introduced
Wed 5th Apr 2006
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This mortgage will be provided by ICICI Bank Home Loans, with Lloyds TSB acting as an introducer.
ICICI Bank is the second largest bank in India and will be cooperating with the UK company as it launches the Lloyds TSB India Banking Service, which it claims is the first of its kind to be offered by a high street bank.
The firm claims that its partnership with ICICI Bank will give customers the chance to transfer money from the UK to India within three working days and also offer them beneficial exchange rates.
James Lewis, head of the Lloyds TSB India Banking Service, said: "There are now more than one million Indians living and working in the UK. However, the community's links with India remain solid and many British Indians have businesses, investments, properties and families back home which they continue to finance."
Customers wishing to take up the Rupee mortgage deal or make free money transfers can open an account in one of three participating banks on Sauchiehall Street, St Vincent Street and Byres Road in Glasgow.
Related News : Banking |
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Related News : LloydsTSB |
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