{"id":6801,"date":"2019-09-03T12:30:18","date_gmt":"2019-09-03T12:30:18","guid":{"rendered":"https:\/\/www.digitaldips.pk\/?p=6801"},"modified":"2019-09-04T12:35:57","modified_gmt":"2019-09-04T12:35:57","slug":"u-microfinance-bank-limited-partners-with-worldremit-for-instant-money-transfers-to-pakistan","status":"publish","type":"post","link":"https:\/\/www.digitaldips.pk\/index.php\/2019\/09\/03\/u-microfinance-bank-limited-partners-with-worldremit-for-instant-money-transfers-to-pakistan\/","title":{"rendered":"U Microfinance Bank Limited Partners With Worldremit For Instant Money Transfers To Pakistan"},"content":{"rendered":"\n<p>Leading digital\nmoney transfer service<a href=\"https:\/\/www.worldremit.com\/\"> <\/a><a href=\"https:\/\/www.worldremit.com\/\">WorldRemit<\/a>\nhas joined forces with <a href=\"https:\/\/www.ubank.com.pk\">U Microfinance Bank<\/a>\nfor online money transfers to Pakistan.&nbsp; <\/p>\n\n\n\n<p>Pakistanis living\nin over 50 countries, including the USA, UK, Canada and Australia, can now send\nmoney directly from their smartphones via WorldRemit to\n190 plus U Microfinance Bank locations across Pakistan. <\/p>\n\n\n\n<p>Remittances play a\ncritical role in the growth of the Pakistani economy. According to the World\nBank,&nbsp; 7.6 million Pakistanis <a href=\"https:\/\/www.aljazeera.com\/indepth\/features\/imran-khan-pakistan-diaspora-dilemma-180814173106003.html\">living<\/a> abroad <a href=\"https:\/\/www.knomad.org\/sites\/default\/files\/2018-12\/Remittancedatainflows%28Dec.2018%29.xls\">sent<\/a> over $20 billion in remittances in 2018,\naccounting for almost 7% of the country\u2019s GDP. WorldRemit is offering customers zero fees on transfers\nto Pakistan of $210 or over. These remittances can be collected at all U Bank\nbranches. <\/p>\n\n\n\n<p><strong>Kabeer\nNaqvi, President &amp; CEO U Microfinance Bank, said: <\/strong>\u201cU\nBank is committed to the national cause of bringing more international\nremittances to Pakistan through a formal channel. We aim to serve customers\u2019\nfamilies at their home locations and bring sense of security and convenience to\nthem.\u201d<\/p>\n\n\n\n<p><strong>Hamza Islam, Country Director for Pakistan at WorldRemit,\ncomments:<\/strong> <em>\u201cU Bank is a natural partner for\nWorldRemit, as we share a common goal to offer accessible, convenient financial\nservices to everyday Pakistanis and foster financial inclusion.<\/em><\/p>\n\n\n\n<p><em>The new\npartnership with U Bank further expands our network in Pakistan, connecting\nmore recipients in urban and rural areas to our award-winning money transfer\nservice\u201d<\/em><\/p>\n\n\n\n<p>WorldRemit\ncurrently serves almost 4 million customers, completing 1.3 million transfers\nevery month from over 50 countries to over 150 destinations.<\/p>\n\n\n\n<p>U Microfinance Bank\nis a subsidiary of Pakistan Telecommunication Company (PTCL) and currently\noperates at more than 195 locations. It offers a wide range of microfinance loans, deposit\nproducts, and branchless banking solutions to across the country with presence\nin 108 cities\nand rural areas in Pakistan.<\/p>\n\n\n\n<p>Visit the\nWorldRemit website for more information on <a href=\"https:\/\/www.worldremit.com\/en\/Pakistan\">how\nto send money to Pakistan<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leading digital money transfer service WorldRemit has joined forces with U Microfinance Bank for online money transfers to Pakistan.&nbsp; Pakistanis living in over 50 countries, including the USA, UK, Canada and Australia, can now&#46;&#46;&#46;<\/p>\n","protected":false},"author":6,"featured_media":6802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[186,181],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/6801"}],"collection":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/comments?post=6801"}],"version-history":[{"count":1,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/6801\/revisions"}],"predecessor-version":[{"id":6803,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/6801\/revisions\/6803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/media\/6802"}],"wp:attachment":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/media?parent=6801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/categories?post=6801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/tags?post=6801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}