To send a remittance to Pakistan is now not a big deal, with 60-second transfer service of QuickRemit, introduced by Emirates Islamic you can send your money home.
In just a couple of seconds, Emirates Islamic customers can now carry out QuickRemit Transfer to Faysal Bank account in Pakistan and thereby to other banks in Pakistan in one hour.
Remittances received by Pakistani’s are third highest in the world, mostly pouring in from UAE and other countries across the globe.
With 365 branches in 100 cities across Pakistan, Faysal Bank is a leading bank in Pakistan.
With competitive exchange rates and no fees for availing QuickRemit service, Emirates Islamic customers can avail it through their online banking and mobile banking channels.
The extension of this service to Pakistan explains our commitment to facilitating our customer segments across borders. Long-standing trade ties are enjoyed by Pakistan and UAE and a large number of Expatriates from Pakistan live here, said Deputy CEO, Wasim Saifi consumer banking, and Wealth Management, Emirates Islamic.
QuickRemit will also be extended to other countries as well according to Saifi. A 60-second transfer called QuickRemit has also been launched for India in collaboration with HDFC bank.
With the growth of 1.4%, Pakistan has received $19.622 billion in remittances from abroad in the year 2018, according to reports from SBP.
