LONDON:
State Bank of India (SBI) launched its digital banking app YONO for customers of SBI (UK) Limited, by Rajnish Kumar, Chairman, SBI at an exclusive event hosted in coordination with the UK India Business Council (UKIBC). SBI has now decided to take YONO globally, starting from the United Kingdom.
YONO SBI UK offers its customers numerous features like easy UK money transfers or payments, remittances to India – available 24×7 with attractive exchange rates on remittances to India and so on. The facility of online account opening through the app will be made available soon.
Rajnish Kumar, Chairman, SBI said, “YONO SBI UK is one of the highlights of SBI’s technological capabilities. I am delighted to launch YONO for our UK customers, after its success in India. I am sure the easy-to-use features and refreshing design will ensure that the app offers a positive customer experience and showcases Bank’s strong focus on digital banking”.
Available on both App Store and Google Play Store, YONO SBI UK is an enhanced mobile app which is simple, intuitive, and user friendly for customers to carry out almost all their banking needs. The app will allow customers with accounts at both SBI UK and SBI in India to access both accounts through one app, thereby improving the customer experience and ease-of-use.
The app would also allow customers to change their address, e-mail, mobile numbers online. YONO SBI UK also comes with a strong cordon of device binding to protect the security of customer funds.
Richard Heald, Group CEO, UK-India Business Council, said: “It is exciting to see how passionate SBI is in its determination to deliver innovative technological products for its customers, particularly here in the UK which has a large Indian diaspora.” Launched in 2017 by SBI in India, YONO has become very popular, especially among the youth, as it caters to their banking and lifestyle needs simultaneously.
