Customers can now collect their remittances in Ghana at any of Access Bank’s 43 locations, without the need for a bank account, while account holders can also choose to receive funds directly to their bank accounts.

This is because global leader in low-cost remittances, Ria’s Orange Wave has added Access Bank Ghana to its global team. Payout is however available in Ghana cedis only.

RIA has described the Association as an important one because it allows more than 750,000 Ghanaians living in the diaspora to send money through its locations worldwide. It added that Ghana remains an important market within the sub-Saharan Region, recording one of the highest remittances in the region annually.

The Access Bank franchise is a strong brand throughout the African continent, and Ria has already partnered with the Group in other markets such as Nigeria.

Access Bank Ghana’s Managing Director, Mr. Dolapo Ogundimu, welcoming the partnership indicated that this forms part of the Bank’s efforts to bring personal banking closer to the public and the bank of choice for remittances in Ghana.

He said, “The addition of Ria to our portfolio of remittance products allows us to provide more value for our customers. Our wide network of branches across Ghana gives customers the convenience of receiving their money anywhere they are located. Receiving funds directly into personal accounts also reduces the inconvenience usually associated with KYC requirements”

Ria’s Chief Operating Officer for Africa, Robert Kotei, who worked on the agreement, also added “Ria is proud to partner with Access Bank Ghana. This new partnership will also strengthen our remittance payout offering in one of the economic power houses of Africa. Access Bank has a very recognisable brand in Ghana and the new service will strengthen our relationship with this important country by adding them to our network”.

According to the United Nations Conference on Trade and Development, Ghana received $126 million in remittances in 2014, majority of which came from the United Kingdom and United States where many Ghanaians reside.