Kenyan company Continental Money Transfer (CMT) has begun remittance services from Kenya to enable its customers to speedily transfer money to other banks in India and China.
A first-of-its-kind remittance service, it would allow Kenyan individuals and businesses to remit money to any Indian Bank account in India and the payment of school and medical fees directly to recipients.
However, money remitted to China will be settled the following day, read a statement seen by SokoDirectory.
CMT said with their new service to India and China, once money is transferred the beneficiaries will be able to collect it in over 5000 locations and their service attracts only a nominal charge for transfers to banks.
Continental Money, a leader in cross border payment services, is known in the industry for its 24/7 customer service and best exchange rate guarantee.
Read: Continental Money Transfer: The best option for you to transfer money to Kenya from UK
Besides the affordability, it prides itself in enabling remittances both fast and secure. Plus, they have competitive fees with no hidden cost with multiple receiving options at the convenience of the recipients.
The service from CMT is set to benefit many Kenyans who travel to India and China for specialised medical care, for higher education and business.