Meezan Bank, the country’s first and largest Islamic bank, has entered into a Money Remittance Agreement (MRA) with Ria Financial Services (RFSs). This new partnership will facilitate Pakistanis around the world in sending money to their families and friends in Pakistan by simply visiting any RFSs location worldwide.
The amount remitted from abroad can be collected from any of Meezan Bank’s 230 branches located in 63 cities across the country, instantly and in cash, even without having a bank account. A wholly owned subsidiary of Euronet Worldwide Inc., RFSs was founded in 1987 and is today recognised as the third largest money transfer company of the world, with a global agent network of 100,000 locations in over 130 countries on five continents.