Banking/Finance

Ecobank Group Signs A Remittance Partnership With Small World Financial Services

Leading international money transfer provider Small World Financial Services (“Small World”), has signed a partnership with Ecobank -the leading Pan-African banking group, based in Lomé, Togo.

The agreement brings the strengths and assets of both organisations to offer money transfer services to Africans in the diaspora. This is an exciting development for both Small World and the Ecobank Group as Small World can continue to grow its global customer base as well as its 250,000 pick-up locations, while Ecobank, with its footprint across 33 African countries can further expand its remittance reach within African communities across Europe and other parts of the world. Small World customers will be able to access the unparalleled Ecobank Africa -wide network in three ways: Direct transfer to Bank accounts, mobile wallet; and cash pick up at any Ecobank location.

This partnership will further financial inclusion in Africa as Ecobank will make available the Ecobank Xpress Account (a mobile based bank account developed for the unbanked and under-banked) for the recipients of remittances sent by Small World Financial Services’ customers.

Nick Day, Chief Executive and Founder of Small World, said: “We are delighted to be forging a partnership with Ecobank. It is a leading bank in Africa with over 50,000locations in the region which means our global customers get access to even more ways to send money home to African countries. Importantly, Ecobank shares our commitment in delivering great customer service alongside providing fast, affordable and reliable transfers.

“Nana Araba Abban, Ecobank Group Consumer Banking Head, added: “We’re proud to offer seamless payments across our vast borderless network in Africa. At Ecobank, we value partnerships, such as this, that enable Africans in the diaspora to remit money affordably and conveniently. This provides a win-win partnership as Ecobank can offer banking services to Africans wherever they are on the globe.”Ecobank shares Small World’s commitment of making financial services seamless, convenient, and interoperable across Africa.”

society_admin

Recent Posts

NCDMB Launches ‘Champions of Nigerian Content Award

The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports,…

21 hours ago

China’s Baidu releases new AI model to compete with DeepSeek

Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made…

22 hours ago

NELFUND plans software for students with disabilities

NELFUND new logo By Deborah Tolu-Kolawole The Nigerian Education Loan Fund has said plans are underway…

22 hours ago

Ex-gov Lamido rejects El-Rufai’s call to join SDP

Sule Lamido Former Jigawa State Governor and Peoples Democratic Party chieftain, Sule Lamido, has dismissed…

22 hours ago

Ogun community demands ward delineation

By Taiwo Bankole The Owu community in the Abeokuta North Local Government of Ogun State has…

22 hours ago

Police inspector shoots self dead in Ogun

A Nigeria policeman By Uthman Salami A police inspector, Ajele Oloyede, has reportedly died from a…

22 hours ago