The partnership covers both digital and walk-in channels, to support customer growth in one of the world’s largest remittance markets. According to the World Bank, Saudi Arabia is home to over 11 million immigrants who send about USD 33.6 billion in remittances.
The global cross-border P2P payments and money transfers provider will work with Al Rajhi Bank to offer customers with multiple payout services including cash, account deposit, and digital wallet capabilities.
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