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Entrepreneur's Corner

NCBA Customers Will Now Be Able To Send Money Across 200 Countries

BY Soko Directory Team · July 24, 2025 09:07 am

NCBA has partnered with MoneyGram to enable customers in Kenya to send money to over 200 countries and territories around the world.

This partnership comes amid a continued surge in diaspora remittances, which reached $1.23 billion (Sh159.8 billion) in the first quarter of 2025, according to the Central Bank of Kenya.

“With the steady growth in diaspora remittance volumes in Kenya, our partnership with MoneyGram offers a reliable avenue for our customers in the diaspora to take care of their families and invest at home, directly through NCBA,” said NCBA Ag Director Retail Banking, Mr. Dennis Njau.

Furthermore, with diasporans sending even more money back home, there is a growing demand for secure, swift, and accessible remittance services. “We are excited to onboard MoneyGram as our remittance partner at NCBA because this collaboration proves we are committed to providing our customers with fast, safe, and seamless cross-border money transfer services,” he added.

With its extensive branch network of 100 branches countrywide and robust online banking platforms, NCBA is also positioned to facilitate this growing volume of transactions, giving customers a seamless experience of receiving funds straight into their accounts or as cash pick-ups.

Commenting on the collaboration, Anas Abouyahya, Regional Lead at MoneyGram, said, “We are proud to collaborate with NCBA to expand our global remittance services across Kenya. This collaboration is part of our mission to connect the world by making the movement of money across borders seamless, affordable, and secure for everyone. Together with NCBA, we’re empowering Kenyans to support loved ones and build better futures.”

Through this strategic alliance with MoneyGram, NCBA is deepening financial inclusion and providing customers with reliable cross-border money movement solutions of international standards.

Operating in nearly every country around the globe, MoneyGram is one of the world’s largest money transfer providers. The company’s tech-powered, cross-border payment network serves over 50 million customers each year, spans approximately 470,000 retail locations and connects more than 5 billion digital endpoints.

Read Also: You Can Now Get Up To Ksh 1,000,000 Via NCBA Now App

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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