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Bank AlBilad, represented by Enjaz, has signed an agreement with Transfast for enabling inward remittance service in the Kingdom of Saudi Arabia (KSA). Customers can now receive their funds at any Enjaz center across the Kingdom or have it credited to their bank accounts. In addition, Bank AlBilad & Enjaz customers will be able to send their funds to Transfast's wide network of payout locations through Bank AlBilad & Enjaz's E-channels (Albilad Net, Enjaz Self-service Machine, and AlBilad ATM). One of the first offerings under the new inward remittance service is a partnership with Careem's captains. They will be able to collect their salaries at any of Enjaz centers.

Celebrating this partnership, Eng. Omar Al-Hussain, General Manager Enjaz, stated, "Launching this service is aligned with Albilad's strategy to develop and enhance its services through its remittance arm - Enjaz. The partnership reflects Albilad's efforts to provide reliable and secure remittance solutions for businesses across sectors. Albilad is very pleased to partner with Transfast, the leading provider of global payments and remittance services. This partnership will play a key role to achieve 2030 Vision objectives to provide a wide range of initiatives and solutions for business entities. Transfast and Bank Al Bilad have been strategic partners focused on serving the expatriate community in the Kingdom for four years"

Mr. Samish Kumar, CEO of Transfast stated "Our one-of-a-kind, multi-product network coupled with Bank Albilad's very accessible branches and e-channels will help expatriates in the KSA to conveniently receive funds and send money to their loved ones across the world."

Bank Albilad provides money transfer and exchange services through its remittance arm "Enjaz", which operates over 180 money transfer centers all over the Kingdom, including centers in King Khalid International Airport in Riyadh (Arrival and Departure Terminal 2 and Departure Terminal 1), and a wide network of over 40 Self-Service Machines (Enjaz KIOSK). Powered by a wide network of more than 150 branches throughout the country, as well as 5 self-sales centers in Riyadh, Jeddah, Dhahran, Tabuk and Al Kharj, and a network of more than 850 ATM machines, Albilad provides banking services and solutions for all customers. The Bank also provides services to the companies and small and medium enterprises through a network of more than 10 specialized centers (in Riyadh, Jeddah, Dammam, Ahsa, Abha, Mecca, Qassim, Hail, Jubail, and Khafji), Albilad business phone:8001237777, and Albilad business banking email SME@bankalbilad.com.  It also offers the latest integrated electronic services on a 24/7 basis through Albilad Net, www.bankalbilad.com, Albilad mobile application, and AlBilad phone 920001002, or through social media channels, such as Twitter, Facebook, Instagram, LinkedIn and Snap Chat.

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