Xpress Money collaborates with Saudi-based NCB’s remittance vertical Quick Pay

September 18th, 2019: Global money transfer organization Xpress Money has collaborated with Quick Pay, the remittance arm of Saudi Arabia’s leading bank the National Commercial Bank. This partnership is a move in the right direction to broaden its portfolio of remittance solutions provided to expats in the Kingdom.

Xpress Money, a Finablr company, is one of the fastest growing money transfer brands in the world with a thriving presence across the globe. Incorporated in 1999 in the United Kingdom, the company has grown exponentially with a geographical presence across 170+ countries in the last 19 years. Working towards the goal of making money transfers convenient to millions of expatriates residing away from their homes, Xpress Money has come to be known as one of the most dependable international money transfer companies. This partnership is rooted in Xpress Money’s aim to provide convenient remittance solutions to expats based in Saudi Arabia through Quick Pay at any time and from anywhere.

Expats in the Kingdom can leverage on Xpress Money’s robust network of 200,000 partner locations across the globe through this partnership. Expats can send money via cash deposit through 3000+ ATM machines or at 138 Quick Pay centers across the Kingdom. Over and above the traditional cash pay-in options, this partnership provides digital money transfer options using the bank mobile app, online banking, and phone banking service.

Sudhesh Giriyan, CEO – Xpress Money said, “We have a strong presence in Saudi Arabia as it has traditionally been an important market for our business. Our partnership with a renowned brand like Quick Pay is a strategic move to further cement our position in the Kingdom. This collaboration is aligned to the group’s growth strategy with a keen focus on accelerating our digital business across geographies. The introduction of digital modes of money transfer will enhance the money transfer process of our customers as they can now initiate international money transfers at any time, on any day, from anywhere – reaffirming our commitment of providing seamless and convenient money transfers.”

Omar Yassin, Executive Vice President - Head of Quick Pay at the National Commercial Bank, pointed out that this partnership reinforces NCB's leadership in its banking services, putting the customer's experience at its priority in serving their needs across all their banking services. He added that :“NCB has played a key role in the development of its banking products by its continuous delivery of advanced and innovative services to meet the changing needs of customers, whereas our Quick Pay offering has been recognized as the leading remittance proposition being a fully digitally served product from onboarding to execution to servicing, and being integrated to the Banks’s digital infrastructure leveraging on its electronic channels, ATMs, and telephone banking, facilitating carrying financial transactions around the clock from anywhere”.

About ‘Xpress Money’:

Incorporated in 1999, ‘Xpress Money’ is a global money transfer brand with a thriving presence in more than 170 countries across the globe through partnerships that have a network of over 200,000 locations. It is one of the most dependable and renowned international money transfer brands across the globe. ‘Xpress Money’ provides customers convenient, simple and secure ways to transfer money across geographies. Its widespread network is strengthened by collaborations with renowned organizations that include international money transfer operators (IMTOs), banking as well as non-banking institutions, retail chains, online remittance players and fintech companies. Xpress Money’s state of the art compliance and security policies ensure customers a secure and hassle-free money transfer process.

Xpress Money is part of Finablr, a global platform for Payments and Foreign Exchange solutions. With deep regulatory know-how, technology expertise and industry leading partnerships, Finablr companies provide a broad array of tailored and trusted financial solutions for consumers and businesses. With a global reach spanning 170+ countries, Finablr companies processed over 150 million transactions in 2018, managing nearly USD 115 billion for customers.

For more information, follow us on Facebook: www.facebook.com/XpressMoney, Twitter: @Xpress_Money LinkedIn: https://www.linkedin.com/company/xpress-money-services-ltd/ or visit www.xpressmoney.com

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