Worldwide CEL signs home remittances agreement with NBP

MG News | January 08, 2020 at 01:31 PM GMT+05:00

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January 08, 2020: Worldwide Cash Express Limited (Cash Express) has signed an agreement with National Bank of Pakistan on Home Remittances.

It was inked by WCEL's General Manager Rashed A. Al-Ansari and NBP's Saad-ur-Rahman Khan; SEVP/Group Chief, International, Financial Institutions and Remittances Group, here at NBP Head Office, said NBP press release issued here on Wednesday.

Cash Express is one of the leading providers of money transfer services with a network of over 200,000 pay-out locations globally. NBP is one of the largest banks in Pakistan; with 1510+ branches across the country.

NBP has also entered an arrangement with Pakistan Post whereby 500 additional locations have been added to its current payout locations to facilitate home remittance payments across Pakistan.

Collaboration with Cash Express will further boost remittances by facilitating both remitter and beneficiary in Pakistan which is a key priority of the government.

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