Abay Bank S.C. and SITTI Express Money Transfer Service have signed Memorandum of Understanding to work in partnership to provide money transfer service.
Tsige Ayalew, Chief International Banking Officer of Abay Bank and Mr. Seid Ahmed, General Manager of SITTI Express Money Transfer Service have signed the agreement at the Bank’s Headquarters.
During the agreement signing ceremony, Tsige noted that the agreement is targeted at enabling customers to get automated money transfer services from abroad in a securely and reliable manner, thereby eliminating informal money transfer practices. In addition, this reliable money transfer practice heightens foreign currency and significantly boosts the national economy at large
Sied Ahmed on his part said that SITTI Express Money Transfer Service is dedicated to delivering fast and reliable money transfers service at earliest convenience.
SITTI Express Money Transfer Service is working in Djibouti and Somalia.
Abay Bank is working with Mojo, EthioDash, Western Union, Thuns, Money Gram, Dahabshiil, Trans Fast, Ria, U-Remit, World Remit, Shift and Remitly global money transfer agent
