Saturday, September 5, 2009

Pakistan launches new remittances order: Gulf Times

The State Bank of Pakistan has announced ‘Payment and Settlement’ systems of home remittances under Pakistan Remittances Initiative (PRI), the central bank said in a note yesterday. The SBP note carries objectives of establishing the automatic delivery of home remittances in the beneficiary’s account and over the counter system in real time; and generating confirmation by text message to the remitter and the beneficiary.

For more on this article, please click on the following link: Pakistan launches new remittances order: Gulf Times

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