AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

KARACHI: HABIBMETRO signed a partnership agreement with ACE Money Transfer on December 27, 2023, to facilitate safe and legal remittance services for overseas Pakistanis, especially in the UK, Europe, Canada, and Australia. The partnership aims to contribute to the country’s economy by offering reliable and convenient means for sending remittances to Pakistanis residing abroad.

On behalf of HABIBMETRO, Khurram Shahzad Khan - President & CEO, Syed Ather Ahmed - Head Commercial (South) & Fl, Syed Intikhab Hussain Rizvi - Country Treasurer, Muhammad Raza Dyer - Head Operations, Mohammad Mujtaba Askari - Head Global Remittances, Syed Wajeeh ul Husnain - Unit Head Global Remittances and Tauseef Rafique - Unit Head Global Remittances attended the signing ceremony.

Aftab Ashraf Gondal - Chairman ACE Group of Companies, and Senior Management of ACE Money Transfer represented the company at the agreement signing ceremony.

Speaking at the ceremony, Khurram Shahzad Khan, President & CEO of HABIBMETRO said, “At HABIBMETRO, we are passionate about delivering secure and efficient financial services that cater to the financial needs of our customers. HABIBMETRO’s partnership with ACE Money Transfer is in alignment with our commitment to providing overseas customers with a more streamlined and regulatory-compliant remittance process.”

Sharing his insights about the joint venture, Aftab Ashraf Gondal expressed, “Facing pressing economic woes, Pakistan must curb black market remittances and promote regulated channels. At ACE Money Transfer, we have a track record of over two decades of channelling legal remittances through regulated routes. Our partnership with HABIBMETRO Bank anticipates a significant boost to Pakistan’s remittance inflows.”

Copyright Business Recorder, 2024

Comments

Comments are closed.

Aam Aadmi Jan 08, 2024 08:55pm
'...The partnership aims to contribute to the country’s economy by offering reliable and convenient means for sending remittances to Pakistanis residing abroad....'? Remittances going abroad or coming from abroad?
thumb_up Recommended (0)