WorldRemit terminates service with four Ethiopian Banks

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One of the leading international money transfer company , WorldRemit, announced that it has terminated the money transfer service it renders through Abay Bank, Oromia Bank, Wegagen Bank and Nib Bank.

In a message sent out to its customers WorldRemit said that it takes such measures when it believes that it cannot maintain its service quality.

“At WorldRemit, we pride ourselves on offering the best possible service to our customers. Sometimes that means removing services where we don’t believe we can provide the best-quality service or the widest range of options for you,” the message reads.

“We’ve decided to remove bank transfers to Abay Bank, Oromia International Bank, Wegagen Bank, NIB International Bank. From 27/06/2022, you’ll no longer be able to transfer funds to Abay Bank, Oromia International Bank, Wegagen Bank, NIB International Bank Bank accounts,” the company said. WorldRemit assured its customers that it will continue providing the money transfer service to Ethiopia via other banks.

“We do apologise for any inconvenience this causes to you or your loved ones. The good news is you will still be able to send funds to other banks in Ethiopia. Have a look at our website and app for more information.”

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