Showing posts with label Smart Superhighway. Show all posts
Showing posts with label Smart Superhighway. Show all posts

Money Without Borders: Aljazira Bank Sends Remittances Into the Fast Lane




RIYADH, Saudi Arabia, is buzzing with fresh news. Thunes, the Smart Superhighway to move money around the world, has signed a new agreement with Aljazira Bank, one of the Kingdom's leading financial institutions.

The goal is simple: modernize and expand international remittance services. As a result, customers can expect faster, more reliable transfers.


Thanks to Thunes' trusted Direct Global Network, Aljazira's retail customers will gain real-time access to billions of bank accounts and mobile wallets worldwide.

Moreover, optimised cross-border rails will span high-volume corridors in Asia Pacific, Europe, and the Gulf Cooperation Council. The bank will also broaden its payment catalogue with new endpoints and destinations.


Vision 2030 is turning the Kingdom into a global hub for digital finance. Meanwhile, demand keeps surging. Research by Thunes and Juniper Research shows that 56% of residents sent money internationally last year.

Consequently, established, highly regulated institutions are turning to Thunes to power their core cross-border capabilities.


Fahad Almutairi of Aljazira Bank says the focus is on services that are fast, secure, and convenient. Likewise, he highlights growing mobile wallet popularity and faster account transfers.

Ahmad Yaacoub of Thunes calls the bank a cornerstone of Saudi banking. Ultimately, he says the partnership empowers the Kingdom's migrant workforce and fuels the broader KSA economy.

Thunes Unlocks the Middle East: Six Markets, One Smart Superhighway



Thunes just made a big move. The company behind the Smart Superhighway for global money movement is now live in six new Middle East markets: Bahrain, Lebanon, Oman, South Yemen, Syria, and the UAE.

That means Members can push payouts straight into bank accounts, mobile wallets, and cash pickup points, all in local currency. Better still, they can plug in through direct API access or simply ride existing Swift rails.


In Bahrain, non-oil activity now drives most of the economy, and Thunes' bank payouts line up neatly with the country's digital push. Meanwhile, Oman is chasing its 2040 vision, and Thunes is helping fuel that momentum.

Over in the UAE, the story is about scale. As a regional payments hub, the UAE needs infrastructure that serves both everyday consumers and growing enterprises, and that's exactly what's now in place.


For Lebanon, South Yemen, and Syria, this expansion is personal. Remittances aren't just numbers; they're household income. Thunes now delivers mobile wallet access in Lebanon, cash and bank payouts in South Yemen, and cash pickup in Syria.


Backed by its SmartX Treasury System and Fortress Compliance Platform, Thunes is proving that global reach and local trust can go hand in hand.

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