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NBP to facilitate instant remittances

Tuesday, 03 August 2010 12:30

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Source: The Daily Times

National Bank of Pakistan (NBP) has launched a state of the art, instant, reliable, convenient and absolutely free remittance product with the brand name of “NBP FOREE CASH”. According to a press statement issued here Monday, (NBP) ‘Foree Cash’ is an instant Cash to Cash remittance delivery product through which beneficiaries from across Pakistan can receive home remittances in minutes from their loved ones abroad. NBP ‘Foree Cash’ provides a unique combination of instant availability of funds through latest technology with absolutely no service charge together with the reliability of NBP brand name. On the remitting side, NBP Foree Cash due to its unique and flexible IT platform has the capability to get integrated with remitting financial institutions from across the globe. In this regard, NBP has announced the integration of NBP Foree Cash with Al-Rajhi Bank to facilitate the large Pakistani community in Saudi Arabia for sending instant remittances to their families at home. staff report