WSBI and Eurogiro announce cooperation agreement in the field of remittances
The World Savings Banks Institute (WSBI) and Eurogiro today announced the conclusion of a cooperation agreement. The agreement focuses on joint marketing offers towards expanding the current Eurogiro remittances solutions as well as the Eufiserv ATM switching services. Thanks to the connectivity and product capability of Eurogiro, the global network of the organization reaches 200 countries and handles approx. 30 million financial transfers per year, WSBI members will be able to offer competitive and reliable money transfer services to their clients. On the other hand, since WSBI members are present in more than a hundred countries, have a large and dense branch network and are specialists in retail banking, this cooperation will greatly enhance the potential outreach of Eurogiro. Chris De Noose, Chairman of the WSBI management committee declared: Thanks to this cooperation agreement, WSBI members all over the world can offer efficient and cost-effective transfer services to their clients. In Asia, but also on the other continents, important remittances flows exist and collaboration between WSBI and Eurogiro constitutes an excellent business opportunity for both parties involved. Henrik Parl, Managing Director of Eurogiro declared: Our 2 organizations combine distribution networks to achieve better reach for remittances, as well as a better basis for providing improved opportunities for inclusive financial services for more people specially in less developed countries.