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Corporation Bank partners with Thomas Cook to expand distribution network
Source: IRIS | 12 Mar, 2014, 06.04PM
Rating: NAN / 5 stars.
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Corporation Bank announced on Wednesday that the bank has launched 'A secure EMV Compliant Forex Travel Card', in partnership with Thomas Cook (India)  and Master Card.

The card launched for the benefit of Indians travelling abroad for business and/or leisure.

The single card with 8 currency pockets is a unique Borderless prepaid card introduced by the bank to enhance customer convenience and security. The bank's pan India presence will be leveraged to market this product.

Shares of the company declined Rs 1.85, or 0.76%, to settle at Rs 241.60. The total volume of shares traded was 8,562 at the BSE (Wednesday).

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