Pakistan’s first and largest Islamic bank has partnered with HomeSend, a joint venture between MasterCard, eServGlobal and BICS to leverage on HomeSend’s extensive network.
Under this agreement, Meezan Bank’s state-of-the-art Home Remittance service, ‘Meezan Easy Remit’ or MEX will start processing HomeSend’s worldwide remittances sent by millions of expatriates and Non Resident Pakistanis (NRPs) around the world to the beneficiaries in Pakistan.
As a leading global money transfer hub that enables cross-border and cross-network value transfers through a single connection, HomeSend benefits from technological leadership in both system features and commercial connectivity.
With a large number of Pakistanis working abroad, the ability to remit as well as receive money instantly, securely and conveniently is becoming crucial. Meezan Easy Remit is a fully automated, end-to-end solution and industry-leading remittance service that makes the process hassle-free and seamless for Meezan Bank’s MasterCard debit card customers.
Meezan Bank has consistently been recognized as the Best Islamic Bank in Pakistan by numerous local and international institutions, which is a testimony of the Bank’s commitment to excellence. These institutions include Islamic Finance News – Malaysia, Global Finance magazine – New York, Asset AAA – Hong Kong, Asiamoney – Hong Kong, The Banker – United Kingdom and CFA Association – Pakistan.
Meezan Bank is the only Islamic bank with AA credit rating in the Islamic banking industry in Pakistan.
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