TCS signs agreement with UBL

TCS, Pakistan's largest express & logistics group, has signed a Group Cash Management Services Agreement with United Bank Limited (UBL). This arrangement will enable TCS to efficiently manage its nation-wide cash collections, thereby substantially bringing down the cost of its transactional banking requirements. The agreement also covers bundled payment services using UBL's prepaid debit card and potentially utilising the UBL Omni Network.
TCS will leverage its direct access to UBL's over 1,250 online branches in order to further cement its No 1 market position in Pakistan's express & logistics industry.-PR