Author: editor

Mashreq NEO, a full-service digital bank from Mashreq Bank, has tied up with Federal Bank to enable Mashreq Neo’s Indian customers to open a Non-Resident account In India, instantly via the Neo app. Underlining the construct of Open Banking, it aims that the partnership will offer speed, convenience and secure banking. The tie-up will also enable customers to view the balance in their NR accounts with Federal Bank on Mashreq Neo App and make instant remittances to India via its Quick Remit facility. Fernando Morillo – Group Head of Retail Banking at Mashreq, said “UAE is home to over three million NRIs…

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