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		American Express Bank
				American Express Bank is a global provider for financial services with its main headquarters situated in New York, U.S. It has put an impressive mark worldwide through its very famous services including Traveller’s Cheque, Charge Card services, and Credit cards. The institution has been in operation since 1850. The bank was opened in India in 1921. During that time, the most popular services which were readily accepted by the people are its travel and financial services.
		American Express Bank India offers a variety of cards as well as travelers cheques. Customers can choose from different types of credit cards, namely, American Express Platinum Card, American Express Platinum ReserveSM Credit Card. American Express Kingfisher First Credit Card, and American Express Kingfisher First Credit Card. For Traveler’s cheques, you will be amazed that these are available in 6 different currencies. To wit, US Dollar, Canadian Dollar, Australian Dollar, Japanese Yen, Pound Sterling, and Euro. For check redemption, you can go to the Travel offices of American Express which can be found in India's well-known cities. Loyal and valued customers are experiencing smooth and speedy transactions which offer a lot of convenience in banking.
		American Express Bank India Head Office 1 A Hamilton House Connaught Place New Delhi - 110001 India Toll Free :  1800 419 1222 Tel: +91 124 280 1222 (from overseas) Website: www.americanexpress.com/india Banking Hours‎: Mon - Fri : 9.30am - 5.00pm‎ Swift Code : BOFAIN4XDEL
Foreign banks like American Express Bank India have brought latest technology and latest banking practices in India. They have helped made Indian Banking system more competitive and efficient. Government has come up with a road map for expansion of foreign banks in India. The road map has two phases. During the first phase between March 2005 and March 2009, foreign banks may establish a presence by way of setting up a wholly owned subsidiary (WOS) or conversion of existing branches into a WOS. The second phase commenced on April 2009 after a review of the experience gained after due consultation with all the stake holders in the banking sector. The review has examined issues concerning extension of national treatment to WOS, dilution of stake and permitting mergers/acquisitions of any private sector banks in India by a foreign bank.
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