12.4 C
London
Thursday, October 16, 2025
HomeBankingSaudi Awwal Bank taps Wise for international money transfers

Saudi Awwal Bank taps Wise for international money transfers

Related stories

OCC Approves New Bank Aimed at Boosting Innovation Economy

A significant step towards fostering innovation through a new...

WealthTech Clove Emerges from Stealth with $14 Million in Funding

Revolutionizing Wealth Management through Innovative Technology SolutionsHighlights: Clove has...

Coinbase Expands Its Footprint by Investing in India’s CoinDCX

A Strategic Move into the Expanding Cryptocurrency Market in...

BoE to Prioritize AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology Governance and InnovationHighlights:...

BoE Prioritizes AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology at the Bank...

Saudi Awwal Bank (SAB) has teamed up with UK fintech Wise to offer its customers fast and secure international remittance services, aligning with Saudi Arabia’s Vision 2030 goals.

Facts

  • Saudi Awwal Bank (SAB) partners with Wise for international remittance services.
  • SAB, a result of the SABB merger and rebranding, offers various financial services.
  • The partnership leverages Wise’s technology for efficient international transfers.
  • Supports Saudi Arabia’s Vision 2030 for economic diversification.
  • CEO of SAB, Bandar Al-Ghashean, emphasizes high-quality, speedy, and secure remittances.
  • Wise Platform Head, Steve Naudé, highlights real-time tracking and competitive rates with low fees for customers.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img