LONDON - Monday, December 22nd 2014 [ME NewsWire]
(BUSINESS WIRE) - Small World FS announced today the launch of a new service designed for the Egyptian global diaspora. Through a partnership with Banque du Caire (BDC), one of Egypt’s leading commercial banks with 145 branches nationwide and providing remittance services to all Egyptian expatriate communities, Small World FS can deliver money for collection in either Egyptian Pounds or USD, and can fund bank accounts with any bank across Egypt in minutes.
Banque du Caire was the first Egyptian bank to offer its customers the “Prepaid Remittance Card” product in Egyptian Pounds, for 24/7 use in ATMs, supported by SMS notifications.
“Egyptians across the world send almost $20bn to Egypt every year to support families, friends and to invest in their country. With this new partnership Small World FS and Banque du Caire have taken the market forward a step by bringing customers fast, innovative, low cost, multi-channel payment solutions”, said Nick Day, the company's CEO.
About Banque du Caire
Founded in 1952, Banque du Caire has positioned itself at the forefront of Egyptian banks by consistently offering its clients a full range of value-added products and services and ensuring an outstanding level of customer service. Throughout the bank’s existence, BDC has managed to maintain its high-ranking market positioning by combining its deep-rooted history of banking expertise with modern practices and technology.
In 2014, Banque du Caire was named a Super Brand in Egypt for 2014, by the Super brands Council and Marketing Professionals, as well as being ranked no 1 in Africa and the Middle East for Return on Capital, as per The Banker magazine's worldwide ranking.
About Small World FS
Small World FS provides a trusted, simple and low cost way for consumers and businesses to send money to 188 countries worldwide, offering an integrated, omni-channel experience with a global payout network of over 250,000 locations, the third largest in the world. The key is delivering money quickly and in a way that best suits the receiver: anywhere, in any way. Small World FS’s global network means that cash payments can be made in less than 5 minutes, with bank deposits taking from 5 minutes to 24 hours depending on the territory.
With 450 people around the world, Small World FS is the best of local with the best of global. For more information, visit http://www.smallworldfs.com/
Contacts
FieldHouse Associates
Emma Parrott
+44 (0)7988 696059
Emma@fieldhouseassociates.com
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