MoneyGram increases reach across the Kingdom

MoneyGram, a global money transfer company, continues to expand its reach in Saudi Arabia through a successful collaboration with Bank AlJazira through its money transfer unit, Fawri money transfer services. MoneyGram services will be available at the bank’s 12th Fawri remittance center, which just opened in the Kingdom.
“We are moving forward with Bank AlJazira on an ambitious strategy to rapidly expand our cash-to-cash service throughout the country,” says Maher Haddad, MoneyGram’s senior regional director for the Middle East, Pakistan and Afghanistan. “This new location, along with others slated to open, are strategically placed in communities where residents need fast financial transaction access, especially over-the-counter cash services.”
“Our relationship with MoneyGram has been invaluable to Bank AlJazira and more importantly for our customers,” said Sami Al-Rajhi, SVP of AlJazira’s Fawri money transfer Group. "We offer world-class customer service in our Fawri money transfer services remittance centers. We offer unique marketing campaigns promoting MoneyGram's product as well. We will also continue to expand our center network throughout Saudi Arabia.”


Plans for further growth follow an increase in demand for reliable and fast money transfers in Saudi Arabia.