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15.05.2012 Business & Finance

GHANA INTERNATIONAL MONEY TRANSFER SERVICE (GMT) FORMS STRATEGIC ALLIANCE WITH ADB AND MERCHANT BANK

By Global Media Alliance
GHANA INTERNATIONAL MONEY TRANSFER SERVICE GMT FORMS STRATEGIC ALLIANCE WITH ADB AND MERCHANT BANK
15.05.2012 LISTEN

Accra, May 15, 2012; Ghana International Money Transfer Service, the money transfer service arm to Ghana offered by JN Money Services Ltd (JNMS), has announced a strategic partnership with the Agricultural Development Bank (ADB) and Merchant Bank. The alliance is in line with the Company's objectives of offering accelerated transfer services at competitive rates and opens up the company's products to the over 100 branches of ADB and Merchant Bank.

According to Ama Baah, Project Coordinator of Ghana International Money Transfer Services noted that, 'Since entering the Ghanaian market in 2009 via our partnership with Merchant Bank, we have seen consistent growth and wider coverage. Now with the addition of ADB, we currently have over 100 outlets nationwide. This places us well to increase our range of services beyond the ones Ghanaians are used to. Drawing on our experience and solid global networks which links Ghanaians both at home and in Ghana's various Diasporas, we are here to offer nothing short of excellent remittance services and more in Ghana and beyond.”

As a re-branded entrant into the Ghanaian remittance industry, Ghana Money Transfer's services, is built on the values of trust and reliability and is a fast, safe, convenient and affordable option. Commenting on the alliance, Mr. A Kemevor, Head of Remittances at ADB commended Ghana Money Transfer for its remittance service and promised to work with the Company to drive innovation within the remittance industry.

On his part, Henry Baye, the Head of Consumer Banking for Merchant bank, expressed the hope that, 'The new partnership with Merchant Bank coupled with the innovation being brought on board by Ghana International Money Transfer Service, will no doubt ensure total quality remittance services to Ghanaians, both home and abroad. We also hope to inject some more competition into the sector.'

Though relatively new in Ghana, JNMS is recognised across continents for its remittance services and highly skilled personnel thereby making the money transfer and acquisition process almost instantaneous. Backed by over 150 years of experience, Ghana Money Transfer seemingly sits on proficient and accomplished shoulders in the remittance business.

Ghana Money Transfer (GMT) is a brand of JN Money Services Ltd (JNMS) and the company's current international distribution network includes 25 branches and 244 agent locations in the USA, UK, Canada, Cayman, Dominica, St. Vincent & the Grenadines, Bahamas, Jamaica and Ghana. With the addition of Agric Development Bank, the agent network will increase to over 300.

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