The Co-operative Bank of Kenya has tapped WorldRemit for supporting digital money transfers to Kenya.

Through the WorldRemit app or website, the Kenyan diaspora living in over 50 countries can send funds to more than six million Co-operative Bank accounts in over 150 branches.

Users can send the money directly from their mobile phones.

The money can be collected from Co-op Bank agents, ATMs or branches.

Co-operative Bank director of retail banking Arthur Muchangi said: “As a bank that handles some of the largest volumes of remittances to Kenya, Co-op Bank will continue to invest in partnerships that provide Kenyans in the Diaspora with the most affordable and secure means of transferring their funds home for domestic support, savings and investment.

“Co-operative Bank has a dedicated Diaspora Banking Center that is available 24/7 to serve diaspora clients irrespective of time zones, the first of its kind in Kenya.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Welcoming the alliance, WorldRemit head of East and Central Africa Sharon Kinyanjui claimed that the firm was the top choice for Kenyans.

Kinyanjui noted: “We are delighted to partner with Co-operative Bank of Kenya, a trusted household name with strong ties to the diaspora and a shared commitment to financial inclusion, to further expand our network in the country and make our convenient service accessible to all.”