24 Oct



Cooperative Bank of Oromia and WorldRemit partner for digital money transfers to Ethiopia

WorldRemit customers in over 50 countries can now send money quickly and securely to over 4 million Cooperative Bank of Oromia accounts and 360 new cash pickup locations directly from their phones.  “Ethiopia is a key market for WorldRemit. We’re focussed on expanding our partner network to help more members of the diaspora to contribute to the country’s rapid economic development.”“Cooperative Bank shares our vision of a digital-first future for remittances. We are delighted to introduce its customers to our best in class digital money transfer service and offer a greater choice of cash pickup locations across the country.”Remittances are playing an increasingly large role in the growth of the Ethiopian economy and the livelihoods of our people. Expanding our network through WorldRemit will boost our bank foreign currency earnings and increase access to remittances for our people.“Cooperative Bank of Oromia is one of fastest growing banks in Ethiopia with a strong customer base, that provides banking services all over the country from its 360 branches. We are glad to be partnering with WorldRemit and connecting our customers with their service.”

Source: 
WorldRemit

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