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Saudi Awwal Bank taps Wise for international money transfers | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

Saudi Awwal Bank taps Wise for international money transfers

By Laura M

September 9, 2023

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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