UAE bank adds Pakistan to ‘remit in 60 seconds’ service

Emirates Islamic has announced that its 60 second online fund transfer service ‘QuickRemit’ is now available for remittances to Pakistan.

The bank said it has launched the service to coincide with Pakistan’s Independence Day.

Emirates Islamic customers will be able to conduct QuickRemit transfers to any Faysal Bank account in Pakistan in less than 60 seconds, and transfers to other Pakistan banks within one hour.

Faysal Bank is a leading bank with a footprint of over 365 branches across 100 cities in Pakistan.

Emirates Islamic customers can avail the QuickRemit service via the bank’s online and mobile banking channels, without any fees and at competitive exchange rates, the bank said in a statemment.

Wasim Saifi, deputy CEO – Consumer Banking and Wealth Management, Emirates Islamic said: “Extending our QuickRemit transfer service to Pakistan enhances our value proposition to one of our key customer segments. Pakistan and UAE share long-standing trade ties, with a high number of Pakistani expatriates residing in the UAE.”

Saifi also announced that the bank is working to extend QuickRemit services to other countries. The bank recently announced the launch of the QuickRemit service to India, tying up with HDFC Bank for 60-second transfers.

Pakistan is among the top three countries receiving the highest remittances from the UAE and the rest of the world.
According to State Bank of Pakistan (SBP), Pakistan received $19.3 billion in remittances from abroad in the 2017 fiscal year.

Pakistan ranked number one adventure travel destination

ISLAMABAD: The British Backpacker Society ranked Pakistan number one out of 20 other adventure travel destinations because they consider Pakistan one of the friendliest countries in the world with mountain scenery that is beyond anyone’s wildest dreams.

The team encouraged people from around the world to travel to Pakistan and assured that their perception of the country will be changed forever once they’re done

During their 4 to 5 years of travel, the team of Samuel Joynson and Michael Worral of British Backpacker Society from Bournemouth has traveled more than 80 destinations.

Here are the top 20 destinations they picked; Pakistan, Russia, India, Turkey, Kyrgyzstan, Lebanon, Tajikistan, China, Georgia, Uganda, Bosnia & Herzegovina, Jordan, Iraq, Democratic Republic of Congo, Algeria, Montenegro, Egypt, Rwanda, Uzbekistan and  Kosovo.

The team at the British Backpacker Society will continue its journey and travel more destinations. They will compile a new list of top adventure travel destinations of the world.