Tempo Money Transfer reached its planned operational indicators in
Morocco, the France-based remittances provider said in a recent
statement. Clients are now able to send money from Tempo’s service
locations in Europe and receive it in one of over 2,600 payment
locations, in Morocco.
The Paris-headquartered, money transfer operator commenced activity
in the country a year ago, successfully undertaking a collaborative
project with Dirham Express Ltd.
The UK-based company works throughout Morocco, through such solid
financial institutions as BMCE Bank, Al Barid Bank (La Poste) and
Barid Cash, in whose branches, clients can receive sent funds.
Tempo operates over 70 service locations in France and Germany.
Money transfers are available in both cash-to-cash and cash-to-account
modes. А leader in the money transfer remittance business, with a vast
and expanding global network, Dirham Express has its customer service
departments based in Rabat and Casablanca. Customers can be attended
in Arabic, English, Spanish and French.
This, the partners believe, will be an added benefit, to ensure the
meticulous standards of remittances services in Morocco, are met.
“Our priorities are European quality and reliability with accent on low
transaction costs for wires. This makes for an effective decrease in the
black market and brings transactions into an open, regulated sphere. This
benefits the host country's economies and our customers,” Mr. Jeffrey
Phaneuf, the president for Tempo said. He confirmed Tempo's alliance
with market contender 'Dirham Express', which he asserts, has
significantly enhanced Tempo’s position in Africa, where Tempo
Money Transfers is stepping up its activities.
“Our service is aimed at increasing audience. The key
clients are Moroccans living abroad, whom we want to provide with
efficient and secure money transfer payments, allowing senders
and beneficiaries to send and receive funds in real time,” says Mr.
Rafael Lopez, Dirham Express Wholesales Manager.
Tempo Money Transfer has steadily been building on its activity in
In August of 2015, the French company started operations in Guinea,
Senegal, Gambia, Nigeria, Mauritania and Sierra Leone.
Thus, the number of locations where Tempo became available, exceeded
1000 in Senegal. Clients received the option to send and receive funds in
45 cities and small towns, within the country. In Guinea, the number of
locations exceeded 500, in 33 provinces. 50 locations became available
in Nigeria, 20- in Gambia and 3 - in the capital of Sierra Leone. Services
include sms-notification and phone assistance.
Globally, Tempo’s services are now available in over 150,000 locations
in 100 countries. It has a pan-European license issued by BdF, operating
over 70 locations in Germany and France.