CBK Governor Patrick Njoroge says remittances by Kenyans living outside the country is a major foreign exchange earner which the Government is now taking up seriously. “This remarkable growth of remittances has been supported by financial innovations that provided Kenyans in the diaspora more convenient channels for their transactions,” the bank said. Co-opRemit for instance is a money transfer solution that allows Co-opBank customers to send money to a mobile wallet or bank account outside Kenya conveniently and affordably. The bank has many branches and agents countrywide, this makes it convenient for customers to access the money sent to them from the diaspora. “You can also send money directly to a Co-op Bank account via Instant Cash, World Remit and Transfast.”SPONSORED CONTENT

Source: Standard Digital April 02, 2021 16:18 UTC