Western Union Expands in Pakistan with Allied Bank

Families and Loved ones in Pakistan Can Receive Western Union Money Transfers Now at More than 1,350 Allied Bank Locations

Customers in Pakistan can now receive Western Union international money transfers from family and loved ones around the world, at Allied Bank. A collaboration between Western Union, a global leader in cross-border, cross-currency money movement and payments, and Allied Bank, one of Pakistan’s leading banks, has expanded Western Union’s network with more than 1,350 Allied Bank locations now ready to serve across Pakistan.

Global senders can send money using Western Union’s digital services in 75 countries plus territories, or via Western Union’s iconic retail Agent network worldwide.

“At Western Union, we have a nearly 170-year history of connecting people,” said Ali Badreddine, Western Union Country Director for Saudi Arabia, Pakistan, Afghanistan, Sudan, and South Sudan. “We make it possible to move money to nearly every corner of the world. None of this would be possible without the relationships we have fostered with in-country Agents, which is integral to serving customers.”

Ali added, “We are excited to welcome Allied Bank to the Western Union family, and are looking forward to this collaboration, which also extends our retail network in Pakistan. More importantly, we are facilitating greater access and convenience for customers in Pakistan to receive money from families and friends around the world.”

“Allied Bank began with a vision to provide value-added services to customers and engage in customer-centric solutions to meet their changing requirements,” said Tahir Hassan Qureshi, CEO Allied Bank Limited. “We are glad to collaborate with Western Union, combining our expertise to offer customers in Pakistan with expanded channels to receive money. We look forward to growing together and continuing to provide solutions guided by our customers’ needs.”Western Union Expands in Pakistan with Allied Bank

According to the World Bank, in 2019 Pakistan was the second-largest remittance-receiving country in South Asia, and one of the top 10 remittance-receiving countries in the world. Western Union serves customers from an extensive network of Agents; customers are advised to check the Agent Locator link for the status of the nearest locations.

(L:R) Yousaf Bashir – Group Head F.I., International, & Home Remittance CIBG, ABL; Sana Baig – Unit Head Home Remittance CIBG, ABL; Owais Shahid – Chief CIBG, ABL; Asad Iftikhar – Senior Country Manager Pakistan & Afghanistan, Western Union; Muhammad Shabbir – Divisional Head Home Remittance CIBG, ABL; Zain Saleem Qureshi- Regional Business Development Manager, Pakistan & Afghanistan, Western Union.

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Our omnichannel platform connects the digital and physical worlds. It makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of June 30, 2020, our network included over 550,000 retail agent locations offering our branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2019, is available in over 75 countries, plus additional territories, to move money around the world. With our global reach, Western Union moves money for better, connecting family, friends, and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com.

About Allied Bank

The Bank started out in Lahore in 1942 by the name Australasia Bank before independence of Pakistan in 1947; and became Allied Bank of Pakistan Limited in 1974. In August 2004, because of capital reconstruction, the Bank’s ownership was transferred to a consortium of Ibrahim Group; and was renamed as Allied Bank Limited in 2005.Today, with its existence of over 75 years; the Bank has built itself a foundation with a strong equity, assets and deposit base. It offers universal banking service, while placing major emphasis on retail banking. The Bank has a large network of over 1,380 online branches, 1,550+ ATMs in Pakistan & and 3 offshore locations in UAE, Bahrain and China and offers various technology- based products and services to its diverse clientele. While understanding the actual needs and requisites of both Remitters and Beneficiaries ABL is extensively focused to enhance potential Correspondent Relationships worldwide, to provide the locations, outreach, instant and hassle free services through widely spreading branch network of the Bank across Pakistan. Continuous up-gradation of payment systems and procedures are being ensured by the Bank in order to serve nation with standards at an edge.

 225 total views,  1 views today