NIB Bank has signed an agreement with Western Union, a world-wide leader in money transfer services. This alliance allows the bank to provide Western Union Money Transfer Service through the bank's 179 branches in Pakistan, which covers 60 cities of the country.
The agreement will enable NIB Bank to take full advantage of Western Union's money transfer network. Everyone and anyone can reliably send money to their home in Pakistan within minutes from more than 200 countries and territories around the world, while the beneficiaries in Pakistan can receive their money from any NIB Bank branch located in 60 cities. NIB Bank is focused on enhancing market share in the home remittance business by providing prompt services to its beneficiaries in the country. Its alliance with the Western Union will be beneficial for customers of both the organisations and will boost country's home remittances from official channels.-PR