Malaysian National News Agency :: BERNAMA

June 30, 2006 18:58 PM

Maybank Launches Fast Worldwide Money Transfer Service

KUALA LUMPUR, June 30 (Bernama) -- Malayan Banking Bhd (Maybank) Friday announced its strategic alliance with MoneyGram International Ltd, a New York Stock Exchange-listed company, to offer worldwide money transfer.



Maybank's senior executive vice president and head of retail financial services, Datuk Johar Che Mat, said the collaboration with MoneyGram was in line with the bank's aspiration to increase its non-interest income to a third of total revenue.



"The MoneyGram service complements Maybank's SWIFT remittance services, including the recently launched Maybank2u.com Foreign TT service, the first Internet banking portal offering online overseas remittance to more than 50 countries worldwide," Johar said.



He said Maybank had handled about RM190 billion of total remittance payments last year and the figure was set to increase further this year.



The MoneyGram service caters to individuals, overseas workers and businesses that require fast and reliable money transfer to anyone overseas, particularly those who need cash in an emergency and those who do not have a bank account.



MoneyGram's chief executive officer John Hempsey said Maybank was the second local financial institution after Affin Bank to establish collaboration in money transfer services with the company's global network of over 92,000 agents located in over 170 countries.



Johar said funds could be transferred person-to-person around the world in as little as 10 minutes, subject to the agent's hours of operations and local regulations.



"The sender or receiver need not require a bank account or credit card as cash is only used for transaction. The application procedure requires only some form of identification to send and receive money," he said.



-- BERNAMA

Malaysian National News Agency :: BERNAMA

June 30, 2006 18:58 PM

Maybank Launches Fast Worldwide Money Transfer Service

KUALA LUMPUR, June 30 (Bernama) -- Malayan Banking Bhd (Maybank) Friday announced its strategic alliance with MoneyGram International Ltd, a New York Stock Exchange-listed company, to offer worldwide money transfer.



Maybank's senior executive vice president and head of retail financial services, Datuk Johar Che Mat, said the collaboration with MoneyGram was in line with the bank's aspiration to increase its non-interest income to a third of total revenue.



"The MoneyGram service complements Maybank's SWIFT remittance services, including the recently launched Maybank2u.com Foreign TT service, the first Internet banking portal offering online overseas remittance to more than 50 countries worldwide," Johar said.



He said Maybank had handled about RM190 billion of total remittance payments last year and the figure was set to increase further this year.



The MoneyGram service caters to individuals, overseas workers and businesses that require fast and reliable money transfer to anyone overseas, particularly those who need cash in an emergency and those who do not have a bank account.



MoneyGram's chief executive officer John Hempsey said Maybank was the second local financial institution after Affin Bank to establish collaboration in money transfer services with the company's global network of over 92,000 agents located in over 170 countries.



Johar said funds could be transferred person-to-person around the world in as little as 10 minutes, subject to the agent's hours of operations and local regulations.



"The sender or receiver need not require a bank account or credit card as cash is only used for transaction. The application procedure requires only some form of identification to send and receive money," he said.



-- BERNAMA

Malaysian National News Agency :: BERNAMA

June 30, 2006 18:58 PM

Maybank Launches Fast Worldwide Money Transfer Service

KUALA LUMPUR, June 30 (Bernama) -- Malayan Banking Bhd (Maybank) Friday announced its strategic alliance with MoneyGram International Ltd, a New York Stock Exchange-listed company, to offer worldwide money transfer.



Maybank's senior executive vice president and head of retail financial services, Datuk Johar Che Mat, said the collaboration with MoneyGram was in line with the bank's aspiration to increase its non-interest income to a third of total revenue.



"The MoneyGram service complements Maybank's SWIFT remittance services, including the recently launched Maybank2u.com Foreign TT service, the first Internet banking portal offering online overseas remittance to more than 50 countries worldwide," Johar said.



He said Maybank had handled about RM190 billion of total remittance payments last year and the figure was set to increase further this year.



The MoneyGram service caters to individuals, overseas workers and businesses that require fast and reliable money transfer to anyone overseas, particularly those who need cash in an emergency and those who do not have a bank account.



MoneyGram's chief executive officer John Hempsey said Maybank was the second local financial institution after Affin Bank to establish collaboration in money transfer services with the company's global network of over 92,000 agents located in over 170 countries.



Johar said funds could be transferred person-to-person around the world in as little as 10 minutes, subject to the agent's hours of operations and local regulations.



"The sender or receiver need not require a bank account or credit card as cash is only used for transaction. The application procedure requires only some form of identification to send and receive money," he said.



-- BERNAMA

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• This is my first experimental sticky note. - post by zachary

Diigo - social annotation and social bookmarking

• This is a sample comment for my Diigo. - post by zachary

So now as you browse along, you simply highlight and add sticky
notes on anything that interests you, and afterwards,  you can easily
incorporate your highlights and notes to your blog with one-click "Blog This". A new blog post will be instantaneously pre-populated with your highlights
(including pictures, tables of data, etc.), any associated
sticky notes, public page comments, and a link to the web page you are visiting.
With our rich text editor, edit based on what you blog-this with, preview, then publish to your blog right away.
It is that simple!

• This is my first experimental sticky note. - post by zachary

Diigo - social annotation and social bookmarking

• This is a sample comment for my Diigo. - post by zachary

So now as you browse along, you simply highlight and add sticky
notes on anything that interests you, and afterwards,  you can easily
incorporate your highlights and notes to your blog with one-click "Blog This". A new blog post will be instantaneously pre-populated with your highlights
(including pictures, tables of data, etc.), any associated
sticky notes, public page comments, and a link to the web page you are visiting.
With our rich text editor, edit based on what you blog-this with, preview, then publish to your blog right away.
It is that simple!

• This is my first experimental sticky note. - post by zachary

Diigo - social annotation and social bookmarking

• This is a sample comment for my Diigo. - post by zachary

So now as you browse along, you simply highlight and add sticky
notes on anything that interests you, and afterwards,  you can easily
incorporate your highlights and notes to your blog with one-click "Blog This". A new blog post will be instantaneously pre-populated with your highlights
(including pictures, tables of data, etc.), any associated
sticky notes, public page comments, and a link to the web page you are visiting.
With our rich text editor, edit based on what you blog-this with, preview, then publish to your blog right away.
It is that simple!

• This is my first experimental sticky note. - post by zachary

Diigo - social annotation and social bookmarking

• This is a sample comment for my Diigo. - post by zachary

So now as you browse along, you simply highlight and add sticky
notes on anything that interests you, and afterwards,  you can easily
incorporate your highlights and notes to your blog with one-click "Blog This". A new blog post will be instantaneously pre-populated with your highlights
(including pictures, tables of data, etc.), any associated
sticky notes, public page comments, and a link to the web page you are visiting.
With our rich text editor, edit based on what you blog-this with, preview, then publish to your blog right away.
It is that simple!

• This is my first experimental sticky note. - post by zachary

Diigo - social annotation and social bookmarking

• This is a sample comment for my Diigo. - post by zachary

So now as you browse along, you simply highlight and add sticky
notes on anything that interests you, and afterwards,  you can easily
incorporate your highlights and notes to your blog with one-click "Blog This". A new blog post will be instantaneously pre-populated with your highlights
(including pictures, tables of data, etc.), any associated
sticky notes, public page comments, and a link to the web page you are visiting.
With our rich text editor, edit based on what you blog-this with, preview, then publish to your blog right away.
It is that simple!

• This is my first experimental sticky note. - post by zachary

Diigo - social annotation and social bookmarking

• This is a sample comment for my Diigo. - post by zachary

So now as you browse along, you simply highlight and add sticky
notes on anything that interests you, and afterwards,  you can easily
incorporate your highlights and notes to your blog with one-click "Blog This". A new blog post will be instantaneously pre-populated with your highlights
(including pictures, tables of data, etc.), any associated
sticky notes, public page comments, and a link to the web page you are visiting.
With our rich text editor, edit based on what you blog-this with, preview, then publish to your blog right away.
It is that simple!

• This is my first experimental sticky note. - post by zachary

Malaysian National News Agency :: BERNAMA

June 30, 2006 18:58 PM E-mail this news to a friend Printable version of this news Maybank Launches Fast Worldwide Money Transfer ServiceKUALA LUMPUR, June 30 (Bernama) -- Malaya

Malaysian National News Agency :: BERNAMA

June 30, 2006 18:58 PM E-mail this news to a friend Printable version of this news Maybank Launches Fast Worldwide Money Transfer ServiceKUALA LUMPUR, June 30 (Bernama) -- Malaya

Malaysian National News Agency :: BERNAMA

Malaysian National News Agency :: BERNAMA

Malaysian National News Agency :: BERNAMA