Small World Money Transfer and Bank Alfalah Join Forces to Revolutionize International Remittances to Pakistan

23 Feb 2024 - Topic: News
Small World Money Transfer and Bank Alfalah Join Forces

Small World Money Transfer is one of the global leaders in cross-border money transfer solutions, announces its partnership with Bank Alfalah, which is one of the leading remittance mobilizing bank in Pakistan.

With this alliance, Bank Alfalah and Small World Money Transfer aim to make a lasting impact on the remittance landscape, particularly for those wanting to transfer money via bank transfer or cash pickup services to Pakistan from countries including - but not limited to - the UK, US, Spain, Italy, Germany, Portugal and more.

Stanley Wachs, Managing Director, Northern Europe, Africa & Asia, expressed his enthusiasm about the collaboration, stating, “We are excited to partner with Bank Alfalah to facilitate seamless international money transfers for our customers sending money to Pakistan. This collaboration aligns with our commitment to providing secure, reliable and accessible financial solutions to our customers worldwide."

Farooq A. Khan, Group Head Corporate, Investment Banking & International Business Bank Alfalah, shared his sentiment, "At Bank Alfalah, we continually seek innovative ways to enhance our services. Partnership with Small World Money Transfer Services reflects our commitment to meeting the evolving needs of our customers, particularly those who rely on international remittances."

This collaboration marks a significant milestone in enhancing the efficiency and accessibility of international money transfers for customers looking to send funds to their loved ones residing in different cities of Pakistan as bank deposits and/or cash pickup.

How will the customer benefit from Small World Money Transfer Services and Bank Alfalah’s Partnership?

Competitive Exchange Rates:With this affiliation, the financial partners aim to provide competitive exchange rates so that more of the customer’s hard-earned money reaches their loved ones in Pakistan.

Effortless Transfers: The partnership aims to simplify the remittance process, allowing senders to complete transfers seamlessly through Small World's network of owned-stores, agents and its user-friendly digital platforms including the Small World Website and App (available on both iOS and Android).

Safe and Secure Transfers: Bank Alfalah and Small World aim to bring home closer to their customers across the globe through safe and secure transfers.

Global Reach: Small World customers will be able to send money to over 1000 Bank Alfalah branches across 200+ cities in Pakistan for bank deposits and cash pick up. Some of the cities include Karachi, Lahore, Islamabad, Mirpur, Rawalpindi, Gujranwala and more.

About Bank Alfalah

Bank Alfalah is a leading commercial bank in Pakistan, boasting over 1,000 branches across over 200 cities and an international presence in the UAE, Bangladesh, Bahrain, and Afghanistan. The bank offers various products and services to private-sector institutions and governments, including corporate and investment banking, consumer banking, securities brokerage, commercial, small and medium enterprises, agricultural, Islamic, and asset financing.

In 2018, Bank Alfalah launched its digital banking group, setting a high standard for the industry to follow with its Alfa app. This revolutionary new application combines an unprecedented range of services and features in one convenient platform. In 2023, the bank was awarded the best 'Digital Bank' for the second consecutive year, highlighting its commitment to simplifying and improving the financial capabilities of its customers.

About Small World Money Transfer Services

Small World is a leading global provider of cross-border payment services, offering a wide range of solutions for individuals and businesses. With a focus on reliability, security, and user-friendly technology, Small World enables seamless money transfers to various destinations worldwide. Find out more!

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