Sindh Bank and MoneyGram announced that they have signed an agreement to provide money transfer receive services to customers in Pakistan. The agreement will enable customers to pick up funds from friends and family members around the world at more than 225 Sindh Bank locations in 111 cities across Pakistan. This addition will extend the MoneyGram network in Pakistan to almost 4300 locations across the country.
"MoneyGram's agreement with Sindh Bank offers customers more choices when they need to pick up funds," says MoneyGram's Maher Haddad, Senior Regional Director for MEPA countries. "Adding Sindh Bank to our agent network in Pakistan aligns with our strategy to deliver access to financial services to un-banked and under-banked customers in Pakistan".
Sindh Bank through the agreement with MoneyGram offers more convenience to Pakistani customers as they can receive their money in cash from Sindh Bank branches without going through the hassle of opening any bank account. In case, however, beneficiary has an account with Sindh Bank, his/her remittance could be credited to the account and funds withdrawn from any ATM.-PR