Saturday, April 10, 2021

Union Bank completes IT integration of all Andhra Bank branches with itself

Mumbai: State-owned Union Financial institution of India on Monday mentioned it has accomplished IT integration of all branches of erstwhile Andhra Financial institution with itself. In November final yr, the lender had accomplished its IT integration with erstwhile Company Financial institution.

The amalgamation of Andhra Financial institution and Company Financial institution with Union Financial institution got here into impact from April 1, 2020.

“With this achievement, the whole IT integration of erstwhile Andhra and Company Financial institution branches with Union Financial institution of India has been accomplished,” the lender mentioned in a launch.

All prospects of erstwhile Andhra Financial institution and Company Financial institution have been efficiently migrated to core banking answer (CBS) of Union Financial institution. It has additionally rolled out web banking, cellular banking, UPI, IMPS, treasury and swift for erstwhile Andhra and Company Financial institution prospects.

“We’re extraordinarily delighted to realize full integration of all branches and supply channels of erstwhile Andhra Financial institution and Company Financial institution. It opens enormous alternatives for our prospects and enhances {our capability} to supply revolutionary services and products,” the financial institution’s managing director and CEO Rajkiran Rai G mentioned within the launch.

Your entire migration has been accomplished at document time with least inconvenience to prospects i.e. with out affecting any change of their account numbers, debit playing cards or web banking credentials, the financial institution mentioned.

The present IFSC code and cheques can be utilized until March 31, 2021. Your entire migration has been executed in affiliation with Infosys, EY, and BCG, it mentioned.

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