WorldRemit
Thursday, July 28, 2011
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In partnership with the Commercial Bank of Ethiopia (CBE), the largest bank in the country with more than 390 branches, the new service enables customers to send money from the privacy and convenience of their home or office, 24/7. All they require is Internet access, eliminating the need to take time off to visit an agent location.
“With fees starting as low as £2.50 (or $4 in Canada) for transfers of up to $100 and best foreign exchange rates, we offer more competitive prices than informal networks that traditionally dominated this corridor,” said Ismail Ahmed, CEO of WorldRemit.
“We are excited about our partnership with WorldRemit which further extends the range of money transfer services available to Ethiopian diaspora members who regularly send money back home,” said Haimanot Amare, Director-Foreign Transfer and NR/NT Accounts, Commercial Bank of Ethiopia. “The collaboration accelerates our strategy to expand our global money transfer network and range of services available to the diaspora.”
About WorldRemit
WorldRemit is an award-winning online money transfer business enabling customers to send money to family and friends back home using various payment options including debit cards, credit cards and Interac Online (Canada). WorldRemit now offers online money transfer to over 30 countries.