Posts filed under ‘NatWest’
UK based bank, launches new mobile money service for its Polish customers with Welcome Accounts enabling them to send money home to Poland. The commission-free, international mobile phone payments transfer service allows customers to transfer money from their current accounts in the UK to their PKO BP accounts in Poland. It becomes the first UK bank to launch an international money transfer service via mobile phone. Roy Vella, Group Director of Mobile for NatWest, said the company’s research shows that the UK Polish community sends home GBP 1 billion each year. The service is provided in co-operation with mobile banking company Monilink, a JV between Monitise and VocaLink.