After launching the SMS banking services in December last year, Union Bank of India (UBI) is planning to start the mobile banking services by this month end.

To roll out the service, the bank has tied up with Chennai-based BK Systems as its technology partner to provide full banking services to the bank customers via mobile phone.

Some of the banking services on offer will include account-to-account money transfer, mobile payments, account status enquiry and other services, said the company.  

Speaking upon the initiative, Union Bank’s executive director, Mr TY Prabhu, said “The bank expects to launch the service by the end of June and is presently undertaking the process of implementation.”