Kuwait Finance House (KFH), continuing efforts to offer superior customer service while adopting digitization and the latest financial technology, has launched “KFH Xpress” service for instant cross-border money transfer directly from the customer’s bank account. This innovative service is available on KFHOnline. It comes as part of KFH continuing efforts to offer superior customer service while adopting digitization and the latest financial technology.
Executive Manager Liabilities and Investments Products at KFH, Nehal Almosalem said that KFH customers can avail this new service for remittance transactions. They can transfer money to any beneficiary account round the clock in a secure and fast manner, which saves efforts and time, while assisting in transferring money in competitive rates to most of the countries across the world.
She added, in a press release, that the KFH Xpress service meets the demands of a big segment of customers. The service is designed and structured as per regulatory considerations and regulations. It is in accordance with highest standards of service quality.
She pointed out that KFH Xpress provides several options for receiving funds as desired by the customer and the beneficiary conditions in his/her country. Receiving money can be either in cash, through a deposit in a bank account to the beneficiary or hand-delivered. Customers can cancel the transfer transaction and refund the transferred money if not collected by the beneficiary without any additional fees.
Before the transfer decision is made, customers can know the transfer rate and the fees value. This is part of Bank’s efforts in achieving the highest degree of transparency and reliability in terms of cost efficiency and service quality.
Source Zawya