Tempo Money Transfer launches remittance services to Bangladesh, teaming up with Uttara Bank Limited

The France-based remittance provider Tempo Money Transfer and one of the leading Bangladeshi financial institutions, Uttara Bank Limited have successfully completed joint collaboration project. 

This enables clients to receive the money sent from the TMT’s locations in France and Germany, in Uttara bank’s branches in Bangladesh.

Currently, Uttara Bank Limited operates through 223 online branches spreading over the urban and rural areas with potential business places of Bangladesh.

Clients can use not only cash-to-cash option but account-crediting also. The set of services includes SMS-notifications and notifications over the phone to beneficiary.

Both parties believe that the joint project has great prospect. 

The Managing Director and CEO of Uttara Bank Limited, Mr. Shaikh Abdul Aziz said that the demand for quality remittance services is on the rise in Bangladesh and the 50+ year old Uttara Bank Limited has already created a distinct and reliable position among the clients for its quality remittance service in particular.

“A lot of Bangladesh nationals are living in Europe, particularly in France. The amount they send to their friends and families in Bangladesh is growing from year to year.

That is why we trust that the project is going to be beneficial to both parties.” 

Tempo Money Transfer operates over 70 locations in Germany and France.

The president for the Paris-headquartered company Mr. Jeffrey Phaneuf said that Bangladesh has been one of the most attractive markets in Asia.

He added that the company is currently carrying out very active development in the region.

Mr. Phaneuf reported that recently Tempo Money Transfer successfully finalized projects and launched transfers to Pakistan, Sri Lanka, Nepal as well as the Philippines. 

Tempo Money Transfer’s services are now available in over 10,000 locations in Asia.

“This year, we plan to keep increasing the rates of our international development, reaching new operational and financial heights.”

Tempo Money Transfer and MCB launch remittances from France and Germany to Pakistan

International Paris-headquartered remittances service provider, Tempo Money Transfer (TMT) and one of Pakistan's leaders in the banking sector, MCB bank have successfully launched their money transfer services between Europe and Pakistan.

The project completion gives clients the opportunity to send funds from one of Tempo Money Transfer's locations in Germany and France, to recipients at one of MCB's service locations in Pakistan.

Tempo Money Transfer’s services are available in 70 agent locations in the EU. In addition to this, the France-based system operates one fully licensed retail store in central Paris. 

Clients can pick cash up, once sent with Tempo Money Transfer in one of over 1, 200 MCB branches across Pakistan. The bank operates nationwide, in all provinces and cities including Islamabad, Karachi, Multan and Lahore. Upon request, funds sent, can be credited to the beneficiary’s bank account. SMS notification is available on the transfers.

The president for Tempo Money Transfer, Mr. Jeffrey Phaneuf said the project has great appeal, not only to Pakistani nationals living and working in France and Germany, but also to the country's economy.

“Given how many immigrants from Pakistan reside in the EU, Germany and France particularly, we expect quite high growth in remittances volumes and client numbers. This, we believe, will be very beneficial to the country’s economy,” he said.

The business head of transaction banking division for MCB, Mr. Aali Shafi said the project also makes for further promotion of quality EU money transfer services in Pakistan.

“The demand for high quality services is growing in Pakistan. We are very happy to be in alliance with Tempo Money Transfer since the project opens the door for Pakistani people who live in Europe and send money to their loved ones here”, he said.

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. It has recently completed assertive projects in Sri Lanka, Nepal, Romania and Moldova, as well as Comoros.

Tempo Money Transfers launches new product to top up cell phones globally

In collaboration with global electronic payment network iSend, the France-based money transfer operator Tempo Money Transfer has recently enabled clients to top up their mobile phones globally, at service locations of the Paris-headquartered operator.

This synergetic project completed by iSend and Tempo Money Transfer, is designed for those who are living and working abroad and wish to provide support to their families and friends back home. Money paid in Tempo Money Transfer locations can recharge cell phone credit in 80 countries throughout the Americas, the Caribbean, Africa, Europe, the Middle East and Asia, including India and Oceania. 

“It is very important for Tempo Money Transfer to enlarge its product spectrum, to make the system more attractive to people. The clients can top up the cell phones at over 300 service providers globally, through our network in France and Germany, which currently exceeds 70 locations,” said Tempo Money Transfer's president, Mr. Jeffrey Phaneuf.

He went on to say that it is a strategic and ambitious plan of Tempo Money Transfer, not only to permanently increase its partner network globally, but also to proceed with rapid expansion of the product range. We can see how fast the global e-payment market is growing and are diligently working on our integration into it. Our advanced IT systems enable us to work with service providers specialised in different spheres of this field. The project with iSend is a great example,” he said. Mr. Phaneuf believes that the demand for the product will be very high. 

“This kind of remote cell phone topping up, is now no less popular and needed than money transfer services since it is a very convenient way to help families and friends who are far away. As a company that is granted with pan-European license and of European quality, Tempo Money Transfer aims be one of the key providers, pioneering these services in the EU,” he said.