BEC Kuwait Partners with Western Union to Expand International Money Transfer Services

Bahrain Exchange Company W.L.L. (BEC) Kuwait, a subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), has partnered with Western Union, enabling customers across Kuwait to access Western Union's global money transfer network through BEC's branches.

BEC’s customers can now send money through Western Union's global network via BEC's branches across the country, including locations at Kuwait International Airport. The service provides customers with greater convenience, secure and reliable transfers, faster transaction processing, and the ability to receive funds in local currencies where available.

The partnership comes amid continued demand for international money transfer services across Kuwait, driven by the country's diverse expatriate population and the ongoing importance of remittances in supporting families and communities around the world.

Commenting on the partnership, Mohammad Bitar, Deputy Group Chief Executive Officer of Al Ansari Financial Services, added: "This partnership enables BEC to provide customers with greater choice and access when sending money internationally. By combining our local presence with Western Union's global network, we are further strengthening our remittance offering and enhancing the overall customer experience."

Nicolas Levi, Regional Vice President, Head of Middle East, Pakistan and Afghanistan at Western Union, said: " Kuwait remains an important market for Western Union, and this partnership reflects our commitment to expanding the availability of our services through trusted local partners. By working with BEC, we are enhancing how customers access international money transfer services while supporting the growing connectivity needs of individuals and communities."

BEC currently has 53 branches conveniently located across Kuwait and specialises in sending money around the globe safely and quickly to over 46,000 locations in 200 countries and territories through its partnerships.