Western Union partners with Banque Saudi Fransi for digital money transfers


Western Union has collaborated with Banque Saudi Fransi to enable its customers in Saudi Arabia to make cross-border money transfers via the BSF Internet banking platform (www.fransiplus.com). (Supplied)
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Updated 03 March 2022
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Western Union partners with Banque Saudi Fransi for digital money transfers


RIYADH: Western Union, a global leader in cross-border, cross-currency money movement and payments, has collaborated with Banque Saudi Fransi, one of the leading banks in Saudi Arabia, to enable its customers in the country to make cross-border money transfers via the BSF Internet banking platform (www.fransiplus.com).
BSF customers can now connect to their loved ones around the world, sending money for payout into billions of bank accounts and millions of wallets and cards in more than 125 countries and territories, or to more than 550,000 agent locations across more than 200 countries and territories, anytime. 
“With the power of technology, we are evolving and enhancing our services in every market where we operate while making it seamless for customers to complete their money transfer transactions,” said Hatem Sleiman, Western Union head, Middle East, Pakistan and Afghanistan. “Moving money internationally is complex and we have the expertise and infrastructure to handle it all. Today, we are glad to make Western Union payout services available to BSF customers, increasing the number of ways customers can move funds for cross-border money transfers.”


Established in 1977, BSF provides superior banking services to both corporate and retail clients and aims to create a long-term and personalized partnership with all its customers, gaining loyalty through recognized banking expertise, quality of service and innovative and customized financial solutions. 
“At BSF, our focus is on exploring ways in which we can meet the changing needs of our customers,” said Mohammed Alsheikh, head of personal banking at BSF. “Our customers look for reliability and convenience when sending money to their families and loved ones around the world. With a global leader such as Western Union, we are glad to drive solutions serving diverse customers’ needs and preferences.”
Western Union has been operating in Saudi Arabia since 2000. The company offers multiple retail and digital solutions for money transfers serving customers across a full spectrum of needs. Western Union’s strategy to open its platform and worldwide financial network to serve third-party companies has made it a unique partner for global money movement, enabling organizations in telecom, tech, financial services, and other sectors to enrich services for their customers.


Jameel Observatory-CREWSnet advances climate resilience in Bangladesh

Updated 20 January 2026
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Jameel Observatory-CREWSnet advances climate resilience in Bangladesh

The Jameel Observatory Climate Resilience Early Warning System Network, an initiative co-founded by the Massachusetts Institute of Technology and Community Jameel to reinvent climate change adaptation in vulnerable communities into a proactive, integrated and evidence-based process, announced the launch of its Adaptation Fortress initiative, transforming existing cyclone shelters and providing protection from heat waves in Bangladesh for the first time.
The first Adaptation Fortress is under construction in Satkhira district, southwest Bangladesh. If this pilot is successful, the initiative will open a pathway, with additional funding, to scaling up to 1,250 Adaptation Fortresses providing heatwave relief to half a million of the region’s most vulnerable residents.
More than 30 million people live in southwestern Bangladesh. Between 2019 and 2021, including in the midst of the COVID-19 pandemic, multiple cyclones hit the region, devastating land, homes and entire communities. The threats posed by climate change — rising sea levels and more extreme weather — mean that people living in this region are likely to face similar crises in the years ahead. In addition to cyclones, extreme heat is a growing threat, putting people at risk of dehydration and heatstroke. In 2024, the UN found that heat waves caused nationwide school closures for two weeks, with some schools closing for six to eight weeks due to the combined impact of heat waves and flooding.
In Bangladesh, the Jameel Observatory-CREWSnet has used its mid-century climate projections and analysis of local human systems to design a pilot for a multi-purpose, multi-objective structure called an Adaptation Fortress.
By engaging extensively with local communities, the Jameel Observatory-CREWSnet, which includes among its partners BRAC, a global nongovernmental organization established in Bangladesh, is demonstrating a new model of climate adaptation that repurposes schools that are also cyclone shelters to serve as sanctuaries during extreme heat events.
The climate resilient shelter model is the first of its kind in Bangladesh and serves as a blueprint for infrastructure development across South Asia. Designed to protect the most vulnerable community members during government-declared heat emergencies, Adaptation Fortresses feature solar power generation and battery backup systems to ensure the shelter is resilient to outages during extreme heat conditions. The site also includes rainwater harvesting capacity and is designed so that excess energy generated when air conditioning is not in use is made available for community use.
Mohammed Abdul Latif Jameel KBE, founder and chairman of Community Jameel, said: “The Jameel Observatory-CREWSnet’s construction of this first pilot Adaptation Fortress marks a milestone for Bangladesh and the region. It lays the foundation for a proactive response to cyclones and heat stress — emergencies that the team has projected will become frequent events, threatening the lives of millions in Bangladesh. By adapting infrastructure today, we are building the resilience needed for tomorrow.”
Professor Elfatih Eltahir, lead principal investigator of the Jameel Observatory-CREWSnet, said: “Bangladesh built a vast network of cyclone shelters that have been effective in protecting vulnerable populations. For the first time the Jameel Observatory-CREWSnet is introducing the concept of shelter from heat waves as well as cyclones in southwest Bangladesh. This integrated and proactive initiative will significantly improve climate resilience in a region with some of the highest risks from climate change.”
Dr. Deborah Campbell, executive director of the Jameel Observatory-CREWSnet, said: “Bangladesh is getting hotter and will experience more frequent and severe heat waves, leaving many people very vulnerable to heat stress and lacking the resources to adapt. The Adaptation Fortress initiative will provide shelter for the most vulnerable community members in southwest Bangladesh and has the potential to serve as a model for similar proactive climate resilience infrastructure development across Bangladesh and South Asia.”
Dr. Md Liakath Ali, principal investigator of the Jameel Observatory-CREWSnet at BRAC, said: “BRAC is proud to partner with the Jameel Observatory-CREWSnet in pioneering the Adaptation Fortress initiative, an important step toward protecting vulnerable communities from the growing risks of extreme heat in coastal Bangladesh. By transforming existing cyclone shelters into multi-purpose, climate-resilient infrastructure, we are demonstrating how locally grounded solutions can address emerging climate hazards while strengthening community well-being. Alongside the pilot, we are committed to engaging policy makers so that future heat and climate risks are integrated into national planning processes. The lessons from this initiative will not only support communities in the southwest, but also inform long-term, scalable strategies for resilience across the country.”