Meezan Bank signs remittance agreement

KARACHI: Meezan Bank has entered into a remittance agreement with Ria Financial Services, a wholly-owned subsidiary of Euronet Worldwide, Inc, a statement said on Tuesday.

This new partnership will facilitate overseas Pakistanis send money to their families and friends in Pakistan by simply visiting any Ria Financial Services location worldwide, it said.

Ria Financial Services was founded in 1987 and today is recognised as the third largest money transfer company in the world, with a global agent network of 100,000 locations in over 130 countries on five continents.

The amount remitted from abroad can be collected from any of the Meezan Bank’s 230 branches located in 63 cities across the country, instantly and in cash, even without having a bank account.

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