Home »Money and Banking » Pakistan » MCB Bank partners with WorldRemit for digital money transfers
Leading digital money transfer service WorldRemit has joined forces with MCB Bank (MCB) for digital money transfers to Pakistan. Using the WorldRemit app or website, Pakistanis living in over 50 countries including the UK, the United States and Canada, can now send money home instantly to over 1,400 MCB branches across urban and rural areas of the country.

Transactions to Pakistan via WorldRemit grew by 75 percent in 2018, driven by the company's low fees and the expansion of its partner network. The company is now connected to over 6,000 cash pickup points in the country. Hamza Islam, Country Director for Pakistan at WorldRemit, comments: "We are delighted to partner with MCB Bank, a leading bank in Pakistan, to enable Pakistanis living abroad to send money instantly to over 1,400 new cash pickup locations across urban and rural areas of the country.

Ziad Aftab Ejaz, Department Head - Home Remittances at MCB Bank, said: "Remittances are an important source of income for many in Pakistan whose family members immigrate abroad for gainful employment.

These remittances not only sustain the livelihoods of households in Pakistan but they also contribute to the economic development and uplift of our society.

We are pleased to partner with WorldRemit to enable even more customers to access swift and secure money transfer services."-PR

Copyright Business Recorder, 2019


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