More NewsExtrabanca to Provide Global Remittance Service

Extrabanca to Provide Global Remittance Service

Italian bank Extrabanca is to provide global remittance services to customers using BNY Mellon’s Remit Worldwide global remittance solution.

A banking enterprise that opened its first branch location in Milan last spring, Extrabanca focuses on the needs of immigrant customers, offering extended hours, weekend openings and customer service in more than a dozen languages. Relying on Remit Worldwide as its remittance platform, Extrabanca can now provide customers with a remittance service designed to transfer payments safely and securely to receiving banks.

“Allowing our customers to remit funds to beneficiaries in their home countries in the comfort and security of a banking environment is the perfect extension of our commitment to meeting the special needs of immigrant customers,” said Alberto Rabbia, head of governance and operation, Extrabanca.

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