UniBank joins Moneygram Transfer Services

Mergers, Acquisitions and Financial Results

UniBank, financial services provider, has teamed up with Global Payment Services provider MoneyGram to offer money transfer service at the bank's 13 branch locations in the country. An agreement to that effect was signed on Thursday between the Management of uniBank and the West African office of MoneyGram International.

There are currently 12 agents offering money transfer services across 1,600 locations in Ghana. "Our collaboration with MoneyGram Transfer Services represents a vast opportunity to deliver our commitment to provide safe and reliable Money Transfer Services to beneficiaries," Mr Clifford Mettle, General Manager Sales and Client Services, UniBank, told journalists at the launch of the initiative in Accra On Monday. Mr Mettle said the bank would leverage on its branch expansion programme and the relationship with Ghana Post Company to scale the competition and meet the expectations of customers. He said UniBank was using the expansion in the money transfer service as key growth strategies to enable it grow its non-funded business.

Mettle assured all users of the service of good and quality customer care, saying that the bank would deliver on its core values of flexibility, caring, vibrant and teamwork. Ms Funmi Omitowoju, Regional Director MoneyGram International (Anglophone West Africa), said uniBank's impressive performance was a major strength in the collaboration.

She said MoneyGram had put together English-Speaking countries in West Africa to enable it address peculiar needs of the people in the region and to also build strong relationship. Ms Omitowoju said despite the global financial meltdown, the money transfer business was still robust and doing well and lauded Ghana as one of the dominant forces in the business. She pledged MoneyGram's continuous support to uniBank in meeting the goals of the collaboration for the mutual benefit of the two institutions. MoneyGram is present in 190 countries with over 18,000 agents.