Ecobank Ghana Partners Ria Money Transfer

Ecobank Ghana, a member of the Pan-African banking group, and Ecobank Transitional Incorporated has partnered with Ria Money Transfer, the third largest money transfer company in the world to offer remittance pay-out services across Ghana.

The convenient new service allows Ecobank Ghana’s customers to receive remittances directly to their bank accounts; thus both account and non-account holders can also collect cash transfer in minutes at any of the bank’s 77 well-located branches and through 167 sub-agent locations across Ghana.

Speaking at the launch of the partnership, Mr. Dan Sackey, Managing Director of Ecobank Ghana and Regional Executive, AWA said “we are excited about this partnership, as it affords us the opportunity to bring convenience to the numerous Ghanaian patrons of funds transfer services”.

“As a bank, we continue to intensify our efforts to serve customers better by providing convenience and accessibility and we do this through strategic partnerships with selected institutions, locally and internationally. This is why we welcome the opportunity to partner with Ria Money Transfer and the numerous sub-agents, most especially Beige Capital, Utrak, Alpha Capital, Pan African Savings and Loans and Golden link, for this launch”, he concluded.

According to Juan Bianchi, the CEO and President of Ria Money Transfer, “Ria’s partnership with Ecobank Ghana, one of the most well-recognized banking brands in Ghana and across Africa, provides more choice for those living abroad to send money to their loved ones. We look forward to working with Ecobank Ghana to provide the fast and efficient delivery of remittances where they’re needed most”.

The World Bank reports that Ghana received $2.1 billion in remittances in 2015. The United States and United Kingdom are ranked among the top five countries from which these funds were remitted. Ria has a strong network in both countries and in addition, customers residing in the US are also able to send money to Ghana on online.

Ecobank Ghana is a subsidiary of Ecobank Transitional Incorporated (ETI), a bank holding company which is currently present in over 36 countries across Africa, dealing in 20 currencies. The Ecobank Group is thus in more countries in Africa than any other bank; making it the leading regional banking group in Middle Africa.

Ria, a subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT), is a global leader in money remittances. Ria offers fast, secure and affordable money transfer through a network of approximately 317,000 global agents spanning 146 countries.