New Money Transfer Company Launched

A new money transfer company, Express Funds International Limited was yesterday commissioned in Accra. Express Funds which has operated in Ghana for barely a year is situated on top of the PEP Kokomlemle branch office near SADISCO.

Since its inception it has received lots of recommendations from the general public about its convenience and reliable services.

The Executive Director of Express Fund International Ltd., Mr. Obed Danquah told The Accra Mail that the institution is one of the leading money companies operating from the United Kingdom (UK).

He urged the Bank of Ghana (BoG) to intensify its supervisory role to control other institutions which tarnish the image of the money transfer business. Mr. Danquah urged the BoG to initiate flexible policies to encourage prospective institutions to join the sector.

He said the company will motivate Ghanaians living abroad to bring their money home as a move to resuscitate the economy.

He said Express Funds has a good track record and has over 100 agents in England to service Ghanaians in any corner of Britain. Mr. John Awotwe, head of administration disclosed that the institution is in the process of running a banking system in addition to the money transfer.

He said even though plans have been instituted to ensure proper customer services they need to improve on their performance to meet high competition in the market.

Most of the customers The Accra Mail interacted with confirmed the convenient services Express Funds International renders.