Home Business NCBA Partners with Xpress Money for Global Remittances

NCBA Partners with Xpress Money for Global Remittances

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NCBA Group Retail Director, Tirus Mwithiga (center) with Xpress Money CEO, Samir Vidhate signs a MoU between NCBA and Xpress Money. Looking on is Mercy Kagwiria Deputy Director & Head Consumer Banking, NCBA Group.

NCBA has partnered with Xpress Money, a global payment solutions provider, to offer efficient remittance services to its diaspora customers.

This partnership will enable NCBA customers to send and receive money to and from over 160 countries.

This strategic partnership will provide NCBA customers with access to a reliable, secure, and affordable platform for sending and receiving money through Xpress Money’s extensive network of over 185,000 partner locations in over 160 countries.

NCBA Group Retail Director Tirus Mwithiga expressed excitement about this partnership, stating, “As a customer-centric institution, we are thrilled to collaborate with a trusted brand like Xpress Money to provide safe and fast transactions for our diaspora customers. This aligns with our goal of becoming the leading bank for the Kenyan diaspora. Together, we aim to increase remittance volumes and benefit both senders and receivers.”

Mr Mwithiga emphasized that NCBA has prioritized digitization in 2024 and is revamping its Diaspora Banking services to maintain competitiveness.

He added, “Part of this strategy involves forming strategic partnerships with fintechs to enhance diaspora remittances and fully support the diaspora market. The partnership with Xpress Money is a key step towards achieving this goal.”

Xpress Money offers a range of services, including Cash-to-Cash, Account Credits, and Mobile Wallets, for both sending and receiving money.

Xpress Money Chief Executive Officer (CEO), Samir Vidhate expressed enthusiasm about the partnership with NCBA, stating, “We are excited to collaborate with NCBA and extend our remittance services to their customers. This partnership reinforces our commitment to providing convenient and secure money transfer solutions to customers worldwide. Together, we aim to make the process of sending money home faster, simpler, and more affordable for NCBA customers.”

Established in 1999, Xpress Money has built strong partnerships with trusted institutions to expand its reach in the $689 billion remittance industry.

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