United Bank partners with WorldRemit for instant money transfers to Ethiopia
The Ethiopian diaspora can now send money securely to hundreds of new cash pickup locations across the country
Addis Ababa and London, 12 July 2018: Leading digital money transfer service WorldRemit has partnered with United Bank to allow customers to send instant money transfers to 214 cash pickup locations across Ethiopia.
To find out your nearest cash pickup location, click here.
The new partnership allows Ethiopians living in over 50 countries - including the United States, the United Kingdom, Australia and Canada - to send money home instantly, using WorldRemit’s mobile app and website.
Remittances play an important role in Ethiopia’s economy. However, the majority of its remittance flows are still going through informal, unregulated channels. Some estimates suggest that Ethiopia may have received over $3 billion in remittances in 2015, accounting for over 7% of its GDP.
Andrew Stewart, Regional Director of Africa and the Middle East at WorldRemit, comments: “We are delighted to be partnering with United Bank, one of the leading banks in the country. Our partnership will give the two million-strong Ethiopian diaspora more choice and additional pickup locations across Ethiopia to make sending money back home as easy as sending an instant message.”
“The partnership with United Bank will further support Ethiopia’s transition from offline remittances to online, safer, faster and lower-cost money transfer methods.”
Visit the WorldRemit website for more information on how to send money to Ethiopia.
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WorldRemit
United Bank :- This email address is being protected from spambots. You need JavaScript enabled to view it.
WorldRemit Ethiopia Partnerships Contact
Elfagid Woldegiorgis Head of Business Development & Operations Ethiopia This email address is being protected from spambots. You need JavaScript enabled to view it.

About WorldRemit

WorldRemit is changing the way people send money.
It’s easy – just open the app or visit the website – no more agents.
  • Transfers to most countries are instant – send money like an instant message.
  • More ways to receive (Mobile Money, bank transfer, cash pickup, and mobile airtime top-up).
  • Available in over 50 countries and more than 145+ destinations.
  • Backed by Accel Partners and TCV – investors in Facebook, Spotify, Netflix and Slack.
WorldRemit’s global headquarters are in London, UK with offices in the United States, Canada, South Africa, Singapore, the Philippines, Japan, Australia and New Zealand.

About United Bank

United Bank is a share company that stands among the few prominent private Banks in Ethiopia, operating all over the country with various service channels that include branches, sub-branches, agents, ATMs, POS machines, internet services and mobile banking. United Bank provides an array of banking services that include: conventional, interest free and multi-Channel banking products and services.
The Bank has a distinguished track record in instituting the foundation of convenient banking experience to its customers; adapting itself with the ever changing world of technology, and pioneering in IT backed modern banking services. The Bank has been at the forefront of modern banking in the country, introducing technology based new delivery channels such as internet banking and SMS banking.