Digital money transfer service WorldRemit and leading African financial institution Guaranty Trust Bank (GTBank) have launched new money transfer routes to West and Central Africa.
With the WorldRemit app or website, people can now send secure overseas money transfers to any bank account in Benin, Guinea-Bissau, Mali, Niger, Senegal or Togo. Funds will be deposited as CFA Francs.
Commenting on the launch, Dan Shuaib, the Managing Director, of Guaranty Trust Bank CI, said: ‘’This service removes the barriers that limit customers’ access to remittances and provides them with a quick and convenient way to receive money from any part of the world. Our partnership with WorldRemit to create this service is a testament to the bank’s commitment to building strategic partnerships that birth innovative solutions and provide customers with a superior banking experience. It will also ensure that Africans abroad have a reliable way to send money to bank accounts across West and Central Africa.”
Ismail Ahmed, founder and CEO at WorldRemit, comments: “We’re delighted to be partnering with one of Africa’s foremost banks to give our customers greater choice and convenience when sending money home. With the WorldRemit app, West and Central Africans living abroad can send money home to their friends and relatives with just a few taps. We make sending money as easy as sending an instant message.”
WorldRemit is one of the fastest-growing money transfer services in the world, with customers now sending more than 500,000 transfers every month.