IN line with its strategy to expand its customer base, and to ease access to the largest segment of its targeted customers in Saudi Arabia, Bank Al Jazira (BAJ) inaugurated the third branch of “Fawri” in Jeddah, which is seventh branch in the Kingdom. The new branch will provide the best banking services to transfer money safely and easily to all countries of the world. Bank Al Jazira recently opened new Fawri' branches in Al-Sulaymaniyah, Al-Batha, and Al-Murooj in Riyadh and another branch in the city of Buraidah, in addition to its branches in Al Bawadi and Herra Street in Jeddah. The launch of new branch in Jeddah meets the tremendous increase in the demand for reliable and fast money transfer services, and the Kingdom is the second largest market globally in this sector. Khaled Othman, Senior Vice President and Head of Retail Banking, Bank Al Jazira, said: "The expansion of Fawri's branches is a part of the strategic and ambitious vision of Bank Al Jazira, which aims to diversify our creative innovations and banking solutions to meet local and international standards of organizing the process of money transfer. We also have plans to open new branches in other cities in the Kingdom”. Sami Al-Rajhi, Vice President and Head of money transfer services, said: “Fawri's services are flexible and high-speed operational, and customers can use these services in all branches during all week, including Fridays. The strategic partnership with the global company "MoneyGram" added a special value to our financial operations in terms of quality and safety, and the new branch will provide all specialized services of international remittances, in addition to buying and selling foreign currencies. All the branches will be open during all weekday until 9 p.m.” — SG
