Digital money transfer service WorldRemit has partnered with West African banking group Banque Atlantique to offer instant remittances to Cameroon.
WorldRemit customers in more than 50 countries can now send overseas money transfers to be collected as cash at any Cameroon branch of Banque Atlantique.
Around the world, people use the WorldRemit app or website to send instant, secure transfers to friends and family overseas.
Remittances play an important role in Cameroon’s economy – Cameroon received $1.201bn in remittances in 2015 according to the World Bank.
Ismail Ahmed, WorldRemit’s founder and CEO, comments: “With the WorldRemit app, the Cameroonian diaspora can send secure money transfers back to their loved ones in Cameroon with a few taps. We make sending money as quick and easy as sending an instant message.
Through our partnership with Banque Atlantique, we are now offering a convenient cash pick up service at branches in major cities throughout the country”.
Daniel Toure, MD of Banque Atlantique Cameroon, added: “Our partnership brings together two great brands, the world’s leading digital money transfer service and a bank trusted by Cameroonians both in the diaspora or at home. Cameroon workers abroad now have a convenient, reliable way to send money back to their families.”
WorldRemit sends more than 450,000 transfers every month.
First appeared at Finextra