(MENAFN- Khaleej Times) Emirates NBD, a leading bank in the region, announced the launch of its 60-second DirectRemit service to Pakistan.
DirectRemit, a money transfer platform that is considered the fastest in the UAE, allows Emirates NBD customers to remit money to Pakistan within a minute with zero remittance fees.
The transfer service enables Emirates NBD customers to perform Pakistani rupee remittances to Faysal Bank accounts in Pakistan in less than 60 seconds, and transfers to other Pakistan banks within one hour. Faysal Bank is a leading bank with a footprint of over 270 branches in Pakistan.
Customers of Emirates NBD can avail DirectRemit service to Pakistan via online banking channels.
Suvo Sarkar, general manager of retail banking and wealth management at Emirates NBD, said: "Remittances by the Pakistani expatriate population in the UAE is the second-largest source of remittance inflow to Pakistan, so the introduction of the DirectRemit service is an excellent value proposition to our Pakistani expatriate customers."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.