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NBP launches EzRemit payments

Published Updated

nbp_KARACHI: National Bank of Pakistan (NBP) has recently launched "EzRemit payments" at its branches countrywide for instant cash transfer to beneficiaries in Pakistan.

According to NBP here Friday, this deal has added more than 700 remittance centres in over 51 countries, with more than 23,500 locations to NBP's collection points, thus further strengthening bank's network of correspondent base and agents worldwide.

NBP has the fastest growing Overseas Correspondent network for home remittances business and now as a new addition, the bank has signed remittance arrangements agreement with EzRemit of BFC Group Holding of Bahrain.

This arrangement of NBP with Ezremit will enable overseas Pakistanis to send instant cash transfers and account transfers to beneficiaries in Pakistan through any of NBP's 1268 branches nationwide.

BFC Group Holdings (BFC) is the holding company for Bahrain Financing Company (Kuwait) and the leading provider of reliable global money transfer services.

Copyright APP (Associated Press of Pakistan), 2011

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