NBP launches Remittance Services Arrangements in collaboration with M/s. Sharaf Exchange (UAE)


(From Left to Right) Mr. Khalid Bin Shaheen, (SEVP/Group Chief Global Home Remittances Management Group & Chairman NBP Exchange Company Limited, Mr. Ahmad Ali Buabdulla, (Director- Sharaf Exchange) and Mr. Gopal Sharma (CEO- Sharaf Exchange)

Karachi (PR): Home remittances are playing a pivotal role in strengthening the economy of Pakistan. UAE is the second largest source of Home remittances to Pakistan after Kingdom of Saudi Arabia, and National Bank of Pakistan has established a number of Home Remittance arrangements in UAE within short span of three (3) years under the guidance and dynamic leadership of Mr. Khalid Bin Shaheen SEVP/Group Chief, NBP and Chairman NBP Exchange Co.NBP has made arrangements with all leading Money Service Businesses in UAE, which include UAE Exchange Center, Al Ansari Exchange, Al Falah Exchange, Al Ghurair Exchange, Orient Exchange, Universal Exchange, Habib Exchange, Al Rostamani Exchange, Xpress Money, Western Union and National Exchange Company.To increase NBP’s correspondent base in UAE, Mr. Khalid Bin Shaheen has recently signed another key Home Remittance arrangement with one of the leading Exchange Houses i.eM/s. Sharaf Exchange Dubai, UAE.”NBP is one of the largest players in the remittance market of Pakistan and the remittance arrangement with Sharaf Exchange is another milestone,” saidMr.Khalid Bin Shaheen. He further said the bank is constantly working to enhance its services and expand its network all over the world to achieve greater customer satisfaction. The amount remitted from Sharaf Exchange’s branches, located in the key town centers all over UAE can be collected from NBP nationwide through its 1294 on-line branches. In order to receive Cash Remittance, it can instantly be collected via NBP Foree Cash, even without having a bank account and NBP Foree Transfer offers credit to the individual accounts.Sharaf Exchange  is headed by Mr. Gopal Sharma (CEO)  has been a market leader in providing Foreign Exchange Services in the UAE for more than a decade and presently they have 14 Branches in UAE. The company ispart of business conglomerate Sharaf Group of the UAE, a highly resourceful, reputable and dynamic Group in UAE.