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Sending and receiving money from abroad is way easier than you thought, here’s why

October 31, 2019 at 18:36
Sending and receiving money from abroad is way easier than you thought, here’s why

Have you ever found yourself in a situation where you want to send money to a loved one who perhaps is studying abroad but you have no clue how to go about it?

Or have you ever wondered how that relative who is working in in a foreign country can bail you out when you are in a tight fix?

Co-operative Bank CEO/Managing Director Gideon Muriuki

Co-operative Bank CEO/Managing Director Gideon Muriuki.

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Well, if you’ve found yourself in a similar situation before you know that the options at your disposal are either few or very expensive.

And this is where Co-operative Bank comes in. The bank understands the problems of its customers and this is evidenced by their tagline which says ‘we are you’.

Co-op Bank has partnered with MoneyGram to enable you to send and receive money from any part of the world. What’s even more is that you can also use the service locally through the 140 plus Co-op Bank branches.

I know you must be wondering how to go about it, it’s simple. To receive money, ask the person who is sending you money to send you the reference number of the transaction.

You will then visit the nearest Co-op Bank branch with the reference number and your ID or passport and in a matter of minutes you will have your cash.

Of importance to note is that, your name on the transfer record must exactly match your name as it appears on your ID. Otherwise you may be delayed or be unable to pick up your funds.

To send money through the service, visit the nearest Co-op Bank branch with your national ID or passport. The teller will then inform you of the cost of the transaction and process it.

You’ll get a receipt and reference number for the transaction.  You will then contact the person receiving your money transfer and inform them that it has been sent and provide the reference number.

There you have it! Does it get easier than that? If you have any queries, visit the nearest Co-operative Bank branch.

Co-op Bank Headquarters

Co-op Bank Headquarters.

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