The international remittances service provider Tempo Money Transfer launched its services on Comoros. The France-based company successfully completed integration with the Comores Assistance International, financial institution registered with the Central Banque of Comores, as a financial intermediary.
Tempo Money Transfer clients can now send cash to the islands. The funds can be picked up in several Comores Assistance International’s locations in Grande Comoros, Anjouan, as well as in the forth island of the Archipelagos.
“We believe that the project features good prospects given how intensively the remittances between Comoros, France, Morocco, China, AE as well as Egypt, Senegal and Madagascar, are increasing,” said Head Manager of Comores Assistance International, Mr Mohamed Farouk Ali.
“It is a very promising and important corridor for us. Quite a vast number of European nationals live and visit the Archipelagos every year. So, we expect quite fast growth in the number of clients and hence, amount of transactions,” said Tempo Money Transfer's president, Mr. Jeffrey Phaneuf
He added that Tempo Money Transfer, which holds a pan-European money transfer license and operates a 67-agent network in Europe, has been increasingly strengthening its international activities, globally.
Recently, it has completed assertive projects in Sri Lanka, Nepal, Romania and Moldova.
Currently Tempo Money Transfer operates in over 100 countries worldwide. Its services are available in over 200 000 locations, offering its clients genuine European standards.