Bank AL Habib and Oman’s company join hands to ease remittances to Pakistan
In a strategic move aimed at facilitating cross-border payments between Oman and Pakistan, Bank AL Habib Pakistan and Global Money Exchange Co LLC are joining forces to streamline the remittance process, benefiting the Pakistani diaspora in Oman. This collaboration is poised to bolster Pakistan's economy by promoting remittances through legal channels.
Given the substantial Pakistani population residing in Oman, this partnership, coupled with Global Money Exchange's extensive branch network and Bank AL Habib Pakistan's robust presence, promises to enhance the remittance experience. It ensures that funds sent by Pakistani expatriates reach their families swiftly, securely, and at competitive exchange rates.
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Global Money Exchange's cutting-edge 'Global Freedom' online funds transfer facility, complemented by a user-friendly mobile app, is set to revolutionize the remittance landscape. This digital platform will offer enhanced accessibility and convenience, enabling users to initiate transfers from the comfort of their homes, thereby reducing reliance on traditional methods and elevating service efficiency.
The collaboration acknowledges the pivotal role played by His Excellency Muhammad Imran Ali Chaudhary, the Ambassador of Pakistan to Oman, in supporting the community and advocating for the use of legal channels for remittances. The Embassy's ongoing assistance underscores the commitment to promoting safe and effective means of transferring money home. Emphasizing digital solutions underscores the commitment to innovation and user convenience, paving the way for a more efficient and secure remittance environment.
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Bank AL Habib Pakistan, established in 1991, has emerged as one of Pakistan's leading banks, renowned for its exceptional customer service. With a vast network of over 1100+ branches and sub-branches across 440 cities, including international branches and representative offices, Bank AL Habib is committed to providing innovative financial solutions and superior customer service.
Global Money Exchange Co LLC, Oman's premier money exchange establishment, specializes in remittances and currency exchange services. With a mission to facilitate seamless and secure financial transactions, it has expanded from a single branch entity in 2002 to a network of 62 branches. Recognized as the Best Exchange Company for six consecutive years, Global Money Exchange is dedicated to leveraging technology and partnerships to enhance convenience and efficiency for its customers.
Source: Muscat Daily