Bank South Pacific (BSP) has announced that customers at its Fiji Branch can now receive Western Union remittances directly into their BSP accounts. This development comes following a significant partnership unveiled yesterday between BSP and Fexco Fiji.
The collaboration aims to provide customers with a wide range of financial products and services, promoting the responsible management of funds, enhancing security, and fostering a culture of savings.
Rajeshwar Singh, BSP’s relieving country head and chief financial officer, emphasized that this partnership is essential to BSP’s mission of delivering modern and cost-effective banking solutions that enhance financial security and inclusion.
“This collaboration reinforces BSP’s commitment to providing financial services that are accessible to all Fijians, while also working towards a financially secure future,” Mr. Singh stated.
For expatriates, this new service simplifies the remittance process, allowing them to send money directly to beneficiaries’ BSP accounts. This eliminates the need for recipients to stand in line at agents to collect their funds, giving them greater flexibility in managing their finances.
Recipients can access their funds safely through BSP ATMs and EFTPoS merchants, promoting a secure and savings-oriented approach.
Fexco Fiji’s country manager, Feskatoa Kostatino, expressed gratitude to BSP for the partnership, highlighting its potential for fostering innovation and impactful collaboration.
“Our mutual commitment to providing every individual with access to efficient and reliable financial services has motivated us to transform the remittance landscape in Fiji,” Mr. Kostatino said.