17, 2021 / 06:00PM / Ecobank Group / Header Image Credit: ETI & Small World
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 Lome, 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
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."
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