BSP and Fexco Fiji partner to streamline Direct-to-Bank Western Union Remittances

BSP and Fexco Fiji partner to streamline Direct-to-Bank Western Union Remittances

By Monishka Pratap
Friday 11/10/2024

BSP and Fexco Fiji have partnered to enable recipients to receive funds directly into their BSP accounts from any Western Union app or agent worldwide.

BSP Relieving Country Head and CFO Rajeshwar Singh commended the partnership as a crucial pillar in BSP’s mission to provide cost-effective, modern banking solutions that promote financial security and inclusion.

He says this collaboration reinforces BSP’s commitment to delivering financial services that are not only accessible to all Fijians but also designed to help build a more financially secure future.

He says this eliminates the need for recipients to queue at agents to collect funds, offering them the flexibility to manage their finances with ease.

He further says they can safely access their funds through BSP ATMs and EFTPoS merchants, fostering a secure and savings-focused mindset.

Fexco Fiji Country Manager Feskatoa Kostatino says they are thankful to BSP for this partnership as it serves as a platform for impactful synergies and innovation as they collaborate moving forward.

Kostatino says their shared commitment to ensuring that every individual has access to efficient and reliable financial services has inspired them to reshape the remittance landscape in Fiji.

He says streamlining transactions and enhancing accessibility, BSP and Fexco Fiji are setting a new standard in remittance services and fostering a more secure and savings-oriented financial future for Fijians.

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