Bank ALBILAD “ENJAZ” Partners with TRANSFAST to Facilitate Remittance Services to India

Enjaz, the remittance arm of Bank Albilad that offers the best international remittance service in the Kingdom of Saudi Arabia, is announcing their strategic partnership with Transfast. Together both partners will serve the remittance requirements of their valued clients and assist them to send their hard-earned money to their loved ones thru Enjaz’s wide branch network. Beneficiaries or “receivers” may claim the funds from vast network of Transfast and their pay-out agents.

Transfast is considered to be one of the leading companies offering remittance service solutions worldwide. 

Celebrating this partnership, Bank Albilad CEO Mr. Khalid AlJasser stated: “We are excited with our partnership with Transfast, wherein it holds an outstanding reputation as well as high confidence in remittance towards India via their wide network. This partnership will provide different remittance services to the Indian community in the Kingdom. Now, our clients have the option to send money directly to a bank account, in addition, their loved one can receive their money instantly through any of Transfast pay-out agents network. This partnership will indefinitely will add value to our clients in the Kingdom.” 

In response, Mr. Samish Kumar, Transfast CEO, said “We are very pleased to partner with Bank AlBilad Enjaz’s easy-to-access network for the Indian community, offering a way to send money in local currency directly to the beneficiary’s account 24/7, with more than 45,000 approved pay-out agents.” Mr. Kumar added, “ We have full confidence that Enjaz clients will enjoy our flexible, cost-effective, and high quality services that we provide”. 

Enjaz Banking Services provides domestic and international remittance services and has emerged exceptionally amongst market leaders, positioning itself as one of the most preferred partner in remittance business in the Kingdom. 

Mr. Ahmed Al Enazi, Enjaz General Manager, stated “Sending money through Enjaz will give our customers a sense of security that their hard-earned money will securely reach to their loved ones through Transfast’s wide network of payout locations throughout India. This reaffirms our promise to our clients that sending money with us is as good as giving the money to your loved ones yourself. This partnership with Transfast will offer our customers the best and convenient way for remittance service to India”.