back Back

Nanopay & National Bank of Pakistan offer remittance solutions for Pakistanis in Canada

By Delisha Fernandes

January 05, 2024

  • Business to business payments
  • Cash & Liquidity Management
  • central bank digital currency

Nanopay, National Bank of Pakistan, Payments, Digital Cash, Cash & Liquidity Management, Business to business payments, Central Bank Digital Currency, Pakistani diaspora, remittance solution, FinTech news, FinTech APAC, USANanopay, a global payments technology company, has partnered with National Bank of Pakistan to offer the cheapest and fastest remittance solution for the Pakistani diaspora in Canada.

When the Pakistani community in Canada want to send money home to family and friends they are faced with confusing options from Canadian banks and existing remittance companies. High fees and a wide disparity of foreign exchange rates make it expensive to send funds to Pakistan.

nanopay has collaborated closely with National Bank of Pakistan to build a solution uniquely designed for the North American to Pakistan corridor. Now there is a better way for the Pakistanis in Canada to send money without the stress of shopping for the best rate or worrying about whether and when their loved ones will receive the funds.

  • $0 Fee Transfers. With up to 4% remittance fees on average from Canada to Pakistan, take advantage of Foree Remittance $0 fee transfers.
  • Best FX Rates. Offering the best exchange rates1 from National Bank of Pakistan to make every dollar you send to your loved ones in Pakistan count.
  • Trusted Payouts Through NBP. Send account-to-account transfers or pickup at 1,500+ NBP branches through our trusted partner – National Bank of Pakistan.
  • Receive Funds in Seconds. Transfer funds safely and securely to any bank account or mobile wallet in Pakistan, making it easy and convenient for family and friends.

Connecting nanopay to 35+ banks, National Bank of Pakistan ensures the broadest distribution of remittances and when combined with nanopay’s integration with Interac e-Transfer, enables Foree Remittance to deliver funds immediately to loved ones in Pakistan.

“I founded nanopay to make financial inclusion a reality and recognize how important it is for the Pakistani community in Canada to support their family and friends back home”, said Laurence Cooke, Founder and CEO, nanopay Corporation. “Our partnership with National Bank of Pakistan, a familiar and trusted brand, delivers on that vision by providing the best rates without hidden fees to maximize the impact of the funds they send back home.”

Previous Article

January 05, 2024

DXtrade and TradingView integrate to enhance brokerage services

Read More
Next Article

January 05, 2024

Decentro launches 2 innovative modes for bank account verification

Read More

IBSi Daily News Analysis


February 23, 2024

Business to business payments

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

Ebury and Nium team to offer cross-border payments in Brazil

Read More

February 23, 2024

FinTech Focus: Catch latest developments of the week

Read More

February 23, 2024

MultiPay teams up with to launch Pay By Bank

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023