KASB Bank, as a Super-Agent of MoneyGram International, has appointed Bank of Azad Jammu & Kashmir as an Agent for MoneyGram International in Pakistan. MoneyGram International is a leading global money transfer company based in the United States that operates via an agent network of around 267,000 locations in 192 countries and territories world-wide.
The agency agreement was signed between KASB Bank and Bank of Azad Jammu & Kashmir on June 11. The agreement empowers BoAJK to handle and process inward remittances routed via MoneyGram International from around the globe. The signing of this agency agreement will allow KASB Bank and BoAJK to better serve the people of Azad Jammu and Kashmir, both here in Pakistan and abroad.-PR