Consumers in Pakistan now have more options to receive international money transfers, thanks to an alliance between Western Union, a leader in cross-border and cross-currency money transfer, and Al Baraka Bank (Pakistan) Limited. Full activation of 188 Al Baraka Bank locations in 99 cities of Pakistan will expand Western Union’s retail footprint and enable consumers to receive money in minutes from more than 200 countries and territories.
Western Union currently has more than 9,600 Agent locations across Pakistan.
Remittances play a crucial role in recipient economies. They not only boost economic growth within the household but also across the economy. “As people migrate to work abroad and to support their families back home, we continually strive to expand access, making it more convenient for their families to receive Western Union money transfers,” said Asad Iftikhar, Sr. Country Manager, Pakistan & Afghanistan, Western Union.
“We are delighted to welcome Al Baraka Bank to our global family of Agents and echo their vision of providing unrivalled service to consumers by giving them increased access to international money transfer channels,” he said.