IslamicFinance.de

Saudi Postal Corporation and Alinma Bank, one of the fastest growing banking institutions in Saudi Arabia, have entered into an agreement with Western Union to offer Western Union money transfer services in the kingdom. Under the agreement, remittance services will be offered through the Ersal money transfer service which is the money transfer joint venture launched by Saudi Post and Alinma Bank in 2013. Starting in Ramadan, the service will be available at 15 post office locations across the kingdom, taking the number of Western Union locations in the country to over 200.