WorldRemit adds Cameroon to remittances service
The money transfer specialist is partnering with local financial company Express Union in response to demand for instant remittance to the country.
The money transfer specialist is partnering with local financial company Express Union in response to demand for instant remittance to the country.
Digital money transfer service WorldRemit has partnered with Cameroonian financial company Express Union to further support the growing demand for instant remittances to Cameroon. WorldRemit customers can now send overseas money transfers to be collected at over 700 Express Union cash pick up locations. Remittances play an important role in Cameroon’s economy; the country received US$244m in remittances in 2015 according to the World Bank, or more than double the amount in 2010.
“By opening its 700 points of sale to the beneficiaries of WorldRemit transfers from abroad, Express Union is showing its civic commitment to solidarity, generosity, population welfare and Cameroonian development thanks to money transfers,” said Charès Nghoguo, general manager at Express Union. “The partnership is geared towards providing an additional means of connecting Cameroonian migrants to their relatives back in the country and local economic actors to foreign ones.”