Pakistan’s Bank of Khyber (BOK) and JCB have inked an agreement for the issuance of JCB Debit Cards. The Bank of Khyber is a provincial government bank owned by Government of Khyber Pukhtunkhwa and based in Peshawar, Pakistan, presently with 119 branches all over the country.
This international Debit Card will facilitate BOK’s customers with the benefits of both point of sale and ATM cash withdrawal across Pakistan and globally at locations in over 190 countries and territories.
BOK & JCB Debit Cardmembers will not only be enjoying the facility of 1Link network’s (*) point of sale and ATM cash withdrawal in Pakistan, and around the globe, but shall also have the convenience of interbank transfer of funds and payment of utilities bills through all ATMs in Pakistan. This will bring added value to the services rendered by BOK to its customers.
JCB is known for providing responsive and high quality services to its cardmembers worldwide. BOK, a premier financial institution of provincial Government of Khyber Pakhrtunkhwa, has taken this step to provide international access to its customers and in future BOK plans to expand its branch network abroad. BOK and JCB Debit Card issuance will be a unique opportunity for BOK’s customers as JCB’s global outlook will facilitate new vistas of innovation and collaboration in Pakistan’s payment industry.
The Bank of Khyber is a provincial government bank owned by Government of Khyber Pukhtunkhwa and based in Peshawar, Pakistan, presently with 119 branches all over the country. It was set up as a state-owned, regional bank in 1991. It offers conventional banking, as well as Islamic banking services and micro-financing.
The bank had an initial public offering of its shares at Karachi Stock Exchange in January 2006.
At the end of the year 2014, the bank was operating with 116 branches with 62 branches working on the conventional side whereas 54 branches were functioning as dedicated Islamic banking branches. Further, 2 sub branches and 2 booths are also providing basic banking facilities to the customers. The bank has also received approval from the State Bank of Pakistan for opening of 14 new branches in the year 2015. Through this network, the bank will able to offer a wide range of products and services to its valuable customers.
JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 29 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 19 countries and territories, with more than 89 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and card-member base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.
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