TeleMoney, the international money transfer service offered by Arab National Bank (anb) in Saudi Arabia, has partnered with Mastercard to provide cross-border payment services through Mastercard Move.
Through Mastercard Move, TeleMoney users can send international payments to over 160 countries.
The partnership addresses growing demand for efficient digital solutions for cross-border payments.
“With digital transformation showing no signs of slowing, the world is more connected than ever, linking people and businesses across borders. Our work with TeleMoney will enable consumers to move their money with the simple click of a button,”
said Adam Jones, Division President, West Arabia, Mastercard.
“As more people across the Kingdom favour digital services for cross-border payments, we are committed to providing solutions that meet this demand. Our collaboration with Mastercard will allow customers to complete transactions promptly, securely and conveniently,”
said Khalid Al Ibrahim, Head of TeleMoney, Arab National Bank.
Mastercard Move offers direct disbursers, banks, non-bank financial institutions, and their customers fast, secure money transfer services both domestically and internationally.
Featured image credit: Mastercard
