Case Study

Union Bank of India Rolls Out ATM-based Remittances

Union Bank of India Rolls Out ATM-based Remittances

1 TH O U G HT LE A D E R S H I P Union Bank of India rolls out ATM-based remittances An ACI Worldwide case study One of the fastest growing economies in the world today, India saw more than US$13 billion in domestic remittances in 2010, a volume that is growing at 15 percent year over year. And fully 90 percent of those remittances are channeled through banks, including Union Bank of India.2 Union Bank, a 92-year-old bank headquartered in

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