Pakistan is one of the leading countries when it comes to total amount of remittances sent home. According to a report by Pew Research Centre, Pakistan received remittances amounting to $14.9 billion in 2013 from immigrants working abroad. This is unsurprising as approximately 8 million Pakistanis live abroad, with approximately 2 million living in the Middle East region.
The amount of remittances sent home by Pakistan professionals and immigrants have brought about the rise of the country as the 10th in the world when in it comes to remittances sent home in 2013. The growth marched on through 2014, as immigrants sent home a total of $7.9 billion in remittances within the first six months of the fiscal year.
With remittances projected to increase even further throughout the coming years, there is a need to develop a secure, safe, and efficient means to allow Pakistani immigrants abroad to send money back home. Recognising this, Al Taif has developed a secure channel for money transfer to Pakistan through electronic funds transfer.
As one of the leading local electronic funds transfer companies in the region, Al Taif has developed a range of services to meet the increasing need of immigrants in the Middle East. Having served in the industry for more than a decade, we have established ourselves as one of the most trusted companies in the business, building up an impressive track record by achieving absolute customer satisfaction with all our services. With a firm commitment to providing the highest quality services, we continue to innovate and expand our portfolio of funds transfer solutions.
One such solution is the integration of a highly accurate currency exchange monitor that provides the latest exchange rates in the market in one navigable, easy to understand information portal. With this addition, our customers can send money back to their home countries during the most opportune times, when rates are at their highest.
Partner with Al Taif, and benefit from the peace of mind in knowing that your resources are always in good hands.