Co-op Bank eyes SMEs with global money transfer service

A Co-op Bank branch in Nairobi. FILE PHOTO | NMG

Co-operative Bank of Kenya #ticker:COOP has launched a global money transfer solution that will allow customers to send up to Sh1 million daily to a mobile wallet or bank account outside Kenya.

The lender says that it has partnered with Thunes, a cross-border payment provider, to launch the solution dubbed Co-opRemit.

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