HBL Microfinance Bank (HBL MFB) has partnered with Habib Bank Limited (HBL) to strengthen home remittance disbursements in Pakistan and enable HBL Microfinance Bank customers to receive money in digital wallets and accounts across Pakistan.
Commenting on the development, Faisal Lalani, Head of International Banking at HBL, said, “We are excited to partner with HBL Microfinance Bank for facilitation of Home Remittance by expanding our distribution footprints.
The services are fully integrated on the New Remittance system using APIs (Application Programming Interface).”
“This is a proud moment for Habib Bank Limited (HBL) as this new arrangement will be beneficial to all the customers who look to receive fast international money transfers to Pakistan through HBL. Together, we look forward to providing excellent services to our customers in a reliable and convenient way,” he added.
Muhammad Amir Khan, President & CEO of HBL MFB, expressed delight at becoming a part of HBL’s vast network in order to expand its Home Remittance Disbursement capabilities.
“HBL MFB’s presence in far-flung rural areas will further deliver ease of access to recipients of international money transfers to Pakistan. Reducing the traveling needs and expenses of such recipients will grant them peace of mind and us, at HBL MFB, a heartwarming sense of achievement,” he said.
To read our blog on “Bank Alfalah and Allied Ecommerce Solutions have teamed up to provide online businesses in Pakistan with digital payment infrastructure,” click here.