YES BANK, UAE Exchange launch Multi-Currency Card

Financial currency exchange firm the UAE Exchange India and Yes Bank Wednesday said they have launched a new solution whereby users will be able to withdraw money from the ATMs globally with a multi-currency card. The card enables exchange rate lock facility, security and accessibility at minimum time with worldwide acceptance for purchases across millions of Master Card approved outlets.

“By introducing such financial products we are going to address customers’ needs even better,” managing director of UAE Exchange V. George Antony said in a statement. For the new initiative, the company and the bank have tied up with Rev Worldwide, a global payments multi-currency and multi-lingual processor, and provides complete program management services. (IANS)