Remittances: National Bank launches new services

NBP launched Foree Cash (instant cash delivery) and Foree Transfer (instant transfer to bank accounts in Pakistan)

KARACHI: National Bank of Pakistan (NBP), which has tied up with major players in remittance business like Tahweel Al-Rajhi, Samba, Enjaz and Arab National Bank, has launched two remittance services in order to make the task of transferring funds to Pakistan very simple. In a press release, NBP says it has launched Foree Cash (instant cash delivery) and Foree Transfer (instant transfer to bank accounts in Pakistan). Speaking at a press conference in Riyadh, NBP Senior Executive Vice President Khalid bin Shaheen said: “Anyone from Saudi Arabia can now easily send cash to be received at NBP counters in Pakistan within a few minutes and free of charge.”

Published in The Express Tribune, January 28^th, 2012.