Karachi, February 28, 2011: United Bank Limited (UBL), one of Pakistan’s largest commercial bank, has signed an agreement with Xpress Money, a leading money transfer company to facilitate home remittances sent by Pakistanis living abroad.

UBL and Xpress Money both have extensive network of branches with UBL having over 1,100 branches nationwide and Xpress Money having its presence in 90 plus countries.

The agreement is yet another initiative by UBL to facilitate its customers in sending remittances and shows the Bank’s and Xpress Money’s commitments towards the government’s Pakistan Remittance Initiative. By virtue of this agreement, beneficiaries will enjoy instant and free of cost service.