RIYADH, 10 December 2006 — Arab National Bank (ANB) has an ongoing TeleMoney Marketing Campaign “Everyone is a winner with TeleMoney” through all of its TeleMoney centers across the Kingdom to enhance customer awareness of the service features and benefits. The campaign, launched a fortnight ago, will continue up to July 31, 2007.
This is described as the first and largest campaign of a kind to promote ANB’s funds remittance business on a wide scale.
The bank will give away many prestigious prizes to winners, including six cars and over a million other prizes ranging from electronic appliances to travel and tourism coupons.
Abdrabbuh A. Almajhed, head of TeleMoney division, said: “TeleMoney from ANB is one of the fastest and most secure funds remittance services in Saudi Arabia to date.
ANB is a leading bank in money remittance services in terms of service quality, efficiency, speed and cost. As a special offer for a limited period of time, the bank waived service charges on remittances to Indonesia and Sri Lanka.”
In developing and upgrading its automated services, ANB has expanded its base in targeted countries by adding new correspondent banks and introduction of multi-remittance arrays.
Options include Rush Money remittances to Egypt, Sudan and Jordan in two hours, and tele-remittance to Philippines in just 20 minutes.
Customers can remit funds door-to-door to all districts in Egypt within 48 hours. Other countries such as Nepal will be added to the list soon, Almajhed added.
“ANB offers customers a secure, swift and convenient platform to remit funds through 32 dedicated TeleMoney centers, and automatically around the clock through Al Arabi network of more than 420 ATMs.
The networks cover the Kingdom and all countries currently provided by TeleMoney and SWIFT remittance services around the world.
The bank does not charge service fees on SWIFT remittances made through Al Arabi ATMs,” he said.