UTI Bank plans to increase its ATM network in Kerala to 40

Kochi: UTI Bank proposes to increase its ATM network in Kerala to 40 by the end of this fiscal, from the present 28.

Speaking at a press meet after launching the bank''s Visa Electron Travel currency card in Kerala, L H Fonseca, the head of UTI, South India, said for the convenience of customers more ATMs are being planned.

On the currency card, he said it will be acceptable at all 840,000 VISA enabled ATMs and 13 million electronic point of sale (POS) terminals worldwide.

The card is denominated in US dollars and a customer can purchase it against Indian rupees, which will be converted in US dollars, he said, adding the card can be used in the local currency of each country.