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Access Bank and Ria money transfer have partnered to enable customers collect their remittances in Ghana from any of bank's 43 locations.
Customers would not need an Access Bank bank account to collect their remittances, while account holders can also choose to receive funds directly to their bank accounts.
However, payout is available only in Ghana cedi.
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.
This partnership, according to Access Bank, is an important one since it allows more than 750,000 Ghanaians living in the diaspora to send money through Ria locations worldwide.
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.
“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”, he said.
In pursuant of its strategic goal to become the Most Respected Bank, Access Bank says it continues to invest in its operations and technology platforms to deliver superior value to customers and other stakeholders.
These investments together with its excellent customer service continue to set the bank apart from competition, earning Access Bank enviable industry awards and recognitions including: 2013 Bank of the Year; 2013 Best Bank in CSR; 2012 Best Growing Bank; 2010 Most Socially Responsible Bank.
Ria’s Chief Operating Officer for Africa, Robert Kotei, who worked on the agreement, 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, which is located in West Africa, received $126 million in remittances in 2014, the majority of which came from the United Kingdom and United States where many Ghanaians reside.
As a global leader in low-cost remittances, Ria is committed to expanding our network to reach more people who rely on money transfer services, while providing them with an affordable alternative.
By growing our global network with partners like Access Bank Ghana, we will continue to offer high-quality services, making it easy for family and friends to send money back home to their loved ones.
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