HomeBankingSaudi Awwal Bank taps Wise for international money transfers

Saudi Awwal Bank taps Wise for international money transfers

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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.
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