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WAP service for money transfers
Posted: 13-Apr-2002 [Source: Arab News]

[Domestic and international money transfers now available in Saudi Arabia via WAP.]

by Khidhr Marhoun, Riyadh, Saudi Arabia -- "Saudi Arabia's commercial banks in coordination with the Saudi Telecom Company (STC) have started to provide domestic and international money transfers to its clients through the WAP (wireless application protocol) service.

"A high-level banking source told Arab News that the National Commercial Bank initiated the new service, which allows money transfers through mobile phones for its clients both within the Kingdom and to foreign countries.

"Clients can get the WAP service by contacting STC.

"The bank will charge SR30 for international transfers.

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