Xoom Corporation, a leading digital money transfer provider, announced the launch of its money transfer service to Pakistan. Xoom has partnered with Habib Bank Limited (HBL), one of the largest banks in Pakistan, to offer instant deposits to HBL accounts in Pakistan. Deposits are instant 24 hours a day, seven days a week, 365 days a year, including bank holidays. With the addition of Pakistan, Xoom’s money transfer services now reach 32 countries worldwide.
“We are thrilled to announce that Xoom now offers instant deposits to HBL bank accounts in Pakistan,” said John Kunze, Xoom’s President and CEO. “With Xoom’s breakthrough technology, Pakistanis living in the U.S. can experience secure, convenient, and cost-effective digital money transfers.”
“HBL takes pride to announce its partnership with Xoom,” said Hassan Raza, Group Head – Structured Credits and Global Remittance Business. “This is yet another step by the bank to provide banking solutions to its customers. Through this collaboration, families residing in Pakistan can receive their money instantly and safely with ease and convenience from the U.S.”
Xoom makes it secure and convenient for Pakistani immigrants to send money from their computer, tablet, or mobile phone. When paying with their bank account, customers can send up to $1,000 for just $4.99, and transfers are fee-free for transactions over $1,000. Customers can also download Xoom’s app for Android and iOS mobile devices to send money on the go.
