The Co-operative Bank of Kenya has tapped WorldRemit for supporting digital money transfers to Kenya.
Through the WorldRemit app or website, the Kenyan diaspora living in over 50 countries can send funds to more than six million Co-operative Bank accounts in over 150 branches.
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By GlobalDataUsers can send the money directly from their mobile phones.
The money can be collected from Co-op Bank agents, ATMs or branches.
Co-operative Bank director of retail banking Arthur Muchangi said: “As a bank that handles some of the largest volumes of remittances to Kenya, Co-op Bank will continue to invest in partnerships that provide Kenyans in the Diaspora with the most affordable and secure means of transferring their funds home for domestic support, savings and investment.
“Co-operative Bank has a dedicated Diaspora Banking Center that is available 24/7 to serve diaspora clients irrespective of time zones, the first of its kind in Kenya.”
Welcoming the alliance, WorldRemit head of East and Central Africa Sharon Kinyanjui claimed that the firm was the top choice for Kenyans.
Kinyanjui noted: “We are delighted to partner with Co-operative Bank of Kenya, a trusted household name with strong ties to the diaspora and a shared commitment to financial inclusion, to further expand our network in the country and make our convenient service accessible to all.”