MoneyGram, a US-based money transfer company, has inked an agreement with Bank AlJazira (BAJ) to offer its services at multiple banks and remittance centres.
Through this agreement, customers will be provided with an access to over-the-counter global money transfers and the ability to quickly send and receive money across the world.
MoneyGram senior vice president for Asia Pacific, South Asia and Middle East, Grant Lines, said: "Our customers in Saudi Arabia need quick access to places where they can send and receive funds. This alignment answers our customers’ needs, not only in this region, but worldwide."
Founded in 1975, Bank AlJazira, together with its subsidiaries, provides various banking products and services to individuals, small and medium sized businesses, corporate clients, and institutional customers in the Kingdom of Saudi Arabia.