ABU DHABI: Xpress Money, the leading global instant money transfer brand, announced the commencement of instant money transfers to Thailand-based Government Savings Bank (GSB), the most prominent bank in Thailand, to extend its fast and easy remittance services to the Thais living across the globe.

With the initiation of the first transaction recently, Xpress Money became the first instant money transfer brand to partner with GSB and extend its unparalleled product and service offerings at attractive rates and terms. The synergistic agreement was finalized recently between the two brands marking Xpress Money’s extended reach to all 76 provinces of Thailand. The first transaction sent from Abu Dhabi, UAE under this arrangement was received by Mr. Lersuk Chuladesa, President & CEO, Government Savings Bank on 4th Aug, 2010 in the presence of other senior bank officials at the GSB Head Office Branch in Bangkok, Thailand.

Xpress Money officials stated that the tie-up would give Thais living worldwide easy accessibility to over 900 branches of GSB so they can send and receive money to and from Thailand within minutes and help the brand reach out with unmatched service quality to the community. GSB, with a century’s banking experience in its kitty, offers a range of banking products to meet multiple financial needs of its customer base in Thailand and is an important partner for the instant money transfer brand.

Top officials at Government Savings Bank said that the tie-up is an important development and would be extremely beneficial for customers since Xpress Money as a brand has grown tremendously in the past decade with an extensive presence through over 55,000 agent locations across more than 95 countries offering quick and secure transfers from and to anywhere within a matter of minutes. The convenience offered by this association would facilitate the Thais working outside their native country in getting connected with their loved ones back home anytime and from anywhere.

Xpress Money offers a wide range of benefits including payment confirmation through SMS messaging to the sender upon payment collection by the beneficiary which helps avoid costly follow-ups and strategically located pay-in and pay-out locations covering the major residential and commercial hubs across the world. The service also has the facility of direct account credits in select locations.

Xpress Money has gained a diverse base of loyal customers globally who have chosen it for the instant, secure and
reliable global money transfers offered at
very attractive terms” and the easily accessible and widespread network of agent locations