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By Chimpele Kelvin Tsamwa Many Africans don’t have a bank account. However, for more than a decade, they’ve been moving from a cash to a digital economy thanks to the proliferation of cheap mobile phones. This has enabled them to participate in the financial market through mobile payment solutions. And as elaborated earlier, the coronavirus (Covid-19) […]
April 30, 2021 Mc Donald Chapalapata (Contributor) 2 Comments
“I will be sending money to my relatives in a reliable and secure way.”
In a bid to serve its clientele more, and with due diligence, the bank of the nation, National Bank of Malawi (NBM) plc has entered into a partnership with International Money Transfer Institution, Western Union, that specializes in global cross-border and cross-currency money movement to ease money transfer transactions for its customers and non-customers.
NBM plc Head of Treasury and Investment Banking, Harry Mukaka, said in an interview that the partnership with Western Union will help customers to send and receive money with speed, ease, and reliability.