Abay Bank S.C. and Mojo LLC Money Transfer Service have signed an agreement to work in partnership to provide money transfer service.
Tsgie Ayalew, Chief International Banking Officer of Abay Bank and Misiker Tadele, CEO of Mojo Money Transfer have signed the agreement at Abay Bank 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.
Tsgie further said that Abay Bank is a pioneer in signing the agreement to work in partnership with Mojo.
Misikir Tadele, on his part, said that Mojo Money Transfer is dedicated to delivering fast and reliable money transfers service at earliest convenience.
Mojo LLC Money Transfer Services was established by Ethiopians dwelling in the U.S and is working intensively to provide international money transfer services.
Abay Bank is working with EthioDash, Western Union, Thuns, Money Gram, Dahabshiil, Trans Fast, Ria, U-Remit, World Remit, Shift and Remitly global money transfer agents.
