Aljazira Bank Partners with Thunes to Enhance Global Remittance Services
Aljazira Bank, one of Saudi Arabia's leading financial institutions, has partnered with global payment solutions provider Thunes to modernize and expand its international remittance services. The collaboration aims to improve the speed, transparency, and coverage of cross-border payments for Aljazira customers by leveraging Thunes' Direct Global Network. This partnership will enable real-time access to billions of bank accounts and mobile wallets worldwide across key corridors in Asia Pacific, Europe, and the Gulf Cooperation Council (GCC). The agreement aligns with Saudi Arabia's growing role as a digital finance hub under Vision 2030. Research indicates that over half of Saudi residents send money internationally annually. Fahad Almutairi from Aljazira Bank emphasized their commitment to providing fast, secure financial services through Thunes' technology. Ahmad Yaacoub of Thunes highlighted the trust placed in them by major Saudi banks and the importance of supporting migrant workers and boosting the local economy.
