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NBP SIGNS HOME REMITTANCE AGREEMENT WITH CANADA'S U REMIT.

Tremendous growth in the area of home remittances and establishment of new remittance corridors in the US, UK, Pacific and Far East calls for proactive approach and the capacity to grasp the emerging developments worldwide.

Global Home Remittances Management Group has always responded to this call in a timely manner by continually increasing its overseas representation during the last five years. NBP now has the fastest growing overseas correspondent base for home remittances and in a very short span of time, the Group has made alliances with almost all leading exchange houses and money transfer companies including financial institutions that have been using our trusted and streamlined services in order to facilitate overseas Pakistanis across the globe.

Keeping its reputation of forming alliances with world's leading banks/financial institutions/money service business, the Group has recently signed home remittance agreement with Canada-based U Remit International Corp. This collaboration will further boost remittance business and will give choice to remitters to send their money to their loved ones from the US and Canada.

U Remit is considered to be a leading player in their respective jurisdiction and will help NBP to extend its reach over a large number of countries by utilizing their large customer base, state of the art technology and professionally qualified and experienced management.

The amount remitted from U Remit can be collected from any of the NBP nationwide 1,443 branches. In order to receive Cash Remittance, it can instantly be collected via NBP Foree Cash, even without having a bank account. NBP Foree Transfer offers credit to the individual accounts in 1,443 online branches.

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Publication:Pakistan & Gulf Economist
Date:Feb 26, 2017
Words:305
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