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Home -> Finance -> Full Story
Vysya Bank launches 'Maestro' international debit card
By Our Correspondent
Wednesday, June 5 2002 16:13 Hrs (IST)

Bangalore: Vysya Bank on June 5 announced the launch of its Maestro global online PIN-based deposit access international programme in association with Master Card.

Vysya bank launches new initiative Vysya Bank’s customers will now have the advantage of being able to directly access their money and pay for a wide range of goods and services with their Vysya Bank Maestro debit card called 'Sambandh' at all Maestro acceptance locations in India and overseas.

'Sambandh' international debit card can be used at a vast and rapidly expanding base of Maestro acceptance locations across the country. The cardholders will also be able to withdraw cash through ATM's worldwide.

"In evolving the new banking structure, the bank plans to have a strong customer focus, reflecting the pioneering spirit of traditional banking in India. The launch of Maestro is a step in this direction," Vysya Bank executive vice-president and head retail banking Robin Roy said.

"Vysya Bank is one of the leading Indian Banks with aggressive growth plans for the future. We are confident that Vysya Bank's participation in Maestro will considerably enhance the customer proposition offered by the Bank. With the launch of Maestro, Vysya Bank's customers will have the convenience and secure electronic access to their own money- anytime, anywhere. We look forward to working with Vysya Bank on Maestro and other mutually beneficial programmes," Master Card International vice-president and country manager Sameer Vakil said.

Vysya Bank's 'Self Bank', a technology driven service channel for personal banking, offers 24-hour, 7 days a week banking service. A 'Vyscash' ATM cardholder has access to several services like cash withdrawal, cash deposit, cheque deposit, balance enquiry, cheque book request, account statement and telebanking.

These services can be accessed at any of the 'Self banks' across the cities. The Bank proposes to introduce the Internet banking solution next week.

Vysya Bank deputy managing director Bart Hellemans launched the 'Sambandh'.