Pakistan Post, UBL sign MoU for effective branchless money transfer

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Islamabad, Jan. 18 (TNS): Pakistan Post and United Bank Limited (UBL) Omni signed a Memorandum of Understanding (MoU) on Thursday enabling Post Offices to deliver financial services across rural areas.

The signing ceremony was chaired by the Federal Secretary Postal Services Saqib Aziz at ECO Postal Staff College in Islamabad.

The Director General Pakistan Post Rubbina Tayyab and President and Chief Executive Officer (CEO) UBL Sima Kamil and other senior officials were also present on the occasion.

While addressing the ceremony, the Secretary Postal Services Saqib Aziz said that Ministry of Postal Services have initiated various projects to make Pakistan Post a vibrant public service department under the Reforms Agenda approved by the Prime Minister to modernize the postal services through launching of mobile money transfer and Pakistan Post logistics company.

The Secretary Postal Services said that Pakistan Post is proud to have its presence in 85 percent rural areas of the Country. He said that this is historical achievement of Pakistan Post to join hands with UBL to introduce branchless banking network for the customers.
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