Emirates Islamic Introduces 'QuickRemit', a Rapid Online Fund Transfer Service to the UK

Emirates Islamic Introduces 'QuickRemit', a Rapid Online Fund Transfer Service to the UK

By Staff Writer, 08 January 2024

Emirates Islamic, a prominent Islamic financial institution based in the UAE, has unveiled its QuickRemit service for quick online fund transfers to the United Kingdom.

Customers of Emirates Islamic can now efficiently send funds to any Lloyds Bank account in the UK in under a minute.

Moreover, transfers to other UK banks are promised to be completed within a span of just one hour.

Lloyds Bank stands as a leading financial entity in the UK, boasting a network of more than 500 branches spread across England and Wales.

To facilitate this seamless transaction, Emirates Islamic patrons can utilize the QuickRemit service either through the EI+ platform or the bank's dedicated mobile banking application.

Notably, users can expect competitive rates coupled with the benefit of zero remittance fees.

A Leap Forward in Remittance Efficiency

Mohamed Al Hadi, the Acting Head of Retail Banking and Wealth Management at Emirates Islamic, expressed enthusiasm about this development.

He stated, "Expanding our QuickRemit transfer service to the UK introduces simplicity, agility and security to the remittance experience of one of our key customer segments. The QuickRemit service offers customers a quick, free remittance channel to send money to the UK for various purposes including family needs, education or for investment."

It's worth noting that Emirates Islamic already offers its QuickRemit services to India and Pakistan, forging partnerships with renowned financial institutions such as HDFC Bank and Faysal Bank, respectively.

Source: TradeArabia

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