Smart Money free remittance launched for OFWs in KSA

20 Sep

Filipinos based in the Kingdom of Saudi Arabia can send remittances to the Philippines for free on Sunday, September 23, via Smart Money and its Middle East remittance partner, the National Commercial Bank (NCB).

The free service is being offered as part of National Day celebrations in Saudi Arabia. Smart Money and NCB also waived remittance charges last June 12 as an Independence Day gift to Filipinos.

Since 2008, Smart Money and QuickPay– the money transfer arm of NCB, the largest bank in the Middle East – have jointly provided easy and secure remittance services to more than one million Filipino workers in Saudi Arabia and their loved ones back home.

Saudi-based Pinoys can send funds to the Smart Money accounts of their relatives in the Philippines using NCB’s phone banking and Internet banking services. Fund transfers are being completed at the speed and convenience of a text message.

They can also send money via NCB’s remittance centers, over-the-counter transactions in NCB branches, and automated teller machines (ATMs).

“Smart Money users may encourage their relatives in Saudi Arabia to grab the opportunity to send remittances for free on September 23 via QuickPay. The service is offered free of charge regardless of the remittance amount,” said Tricia Dizon, head of financial services at Smart Communications, Inc. (Smart).

Remittance recipients can claim the funds from almost 5,000 Smart Money Centers in the Philippines, or use their Smart Money card to withdraw the money from over 10,000 Banco De Oro, BancNet, Megalink, and ExpressNet ATMs nationwide. They can also use the card for cashless shopping in more than 32 million MasterCard merchants worldwide.

Funds transferred to Smart Money electronic wallets – which are linked to the account holder’s mobile phone – can also be used for mobile bills payment, money transfers to other Smart Money accounts, and for reloading Smart prepaid accounts.

1 Comment

Posted by on September 20, 2012 in Smart Communications, Technology


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One response to “Smart Money free remittance launched for OFWs in KSA

  1. Immigration Solicitor Ilford

    October 26, 2012 at 11:41 am

    I write a comment each time I especially enjoy a post
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    Usually it’s a result of the passion communicated in the post I browsed. And after this article Smart Money free remittance launched for OFWs in KSA PRNews (Getting your message out to the market). I was actually excited enough to drop a comment 😉 I actually do have a few questions for you if you usually do not mind. Is it only me or do a few of these responses appear as if they are left by brain dead people? 😛 And, if you are writing on other sites, I’d like to follow you.

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