Modernising cross-border payments with domestic rails
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Saudi Awwal Bank has entered into an agreement with Wise to provide Awwal customers with fast, secure and cost-effective solutions for sending and receiving money internationally.
This agreement will contribute to Awwal achieving the goals of the Kingdom’s Vision 2030 - a financial sector development program designed to stimulate investment. The partnership is also central to First Saudi Bank’s strategy of focusing on providing the latest innovative banking solutions.
Bandar Al-Ghashean, CEO of Wealth Management and Personal Banking at Awwal, said: | |
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Steve Naudé, Head of Wise Platform, said: | |
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Abid Mumtaz, Commercial Lead for Wise Platform, signing a partnership agreement with SAB on behalf of Wise.
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