Jamaicans living in Canada now have another avenue for sending remittances to their homeland, due to a recent collaboration between VM Money Transfer Services Limited (VMTS) and Remitbee Online Money Transfer and Foreign Exchange Services.
Remitbee’s user-friendly online remittance services
Remitbee caters to both individuals and businesses in Canada looking to send money worldwide.
The platform prides itself on delivering swift transfers, competitive rates, and exclusive discounts to its customers.
Moreover, Remitbee’s offerings extend beyond mere remittances, allowing users to send mobile top-ups and perform foreign currency conversions through its user-friendly app or web platform.
This collaboration marks the fourth strategic partnership for VMTS within the North American country.
A strategic move to benefit the Jamaican community
Michael Howard, CEO of VMTS, voiced his enthusiasm for the partnership, emphasizing its significance for the Jamaican diaspora and the broader economy.
He shared that statistics show that Canada remains one of the top three countries for remittance inflows to Jamaica, so this partnership will “allow us to provide not just an added outlet to expand our reach, but also increase convenience for our clients, which is a welcomed opportunity.”
Commitment to empowerment and support
The Remitbee team, led by CEO and Co-founder Yogi Yoganathan, demonstrated their commitment to the partnership during Yoganathan’s recent visit to Jamaica, where the agreement was formally signed on January 12, 2024.
Manos Yoganathan, Chief Operating Officer of Remitbee, expressed their excitement about the collaboration expressing that they are thrilled to partner with VM Money Transfer Services to empower the Jamaican community in Canada with “fast, affordable, and secure money transfer solutions”.
Global reach for money transfer services
Through its extensive network, VMTS facilitates money transfer services worldwide, connecting customers who wish to send money to Jamaica from various parts of the globe, including Europe, the UK, the United States, Canada, the Cayman Islands, and Turks and Caicos.
Beneficiaries in Jamaica can enjoy the flexibility and convenience of collecting their remittances through VM Money Transfer’s vast network, comprising over 70 sub-agents, eight VM Money Express locations, and 16 VM Building Society branches islandwide.
Additionally, recipients can opt for direct deposits into their Jamaican bank accounts through VMTS’ Direct to Bank Service. The commitment of VMTS to seeking mutually beneficial partnerships further elevates the money transfer experience for their valued clients.
