Alliance Offers Instant US Remittances
- Banco BHD has partnered with Ria Money Transfer to streamline remittances to the Dominican Republic.
- Ria Money Transfer, a division of Euronet Worldwide, Inc., is a global leader in cross-border money transfers.
- Under the agreement, Ria users can select Billet as the receiving option when sending money to the Dominican Republic.
BHD Bank Enables Instant Remittances too Dominican Republic via Ria Partnership
Table of Contents
- BHD Bank Enables Instant Remittances too Dominican Republic via Ria Partnership
- BHD Bank Enables Instant Remittances to the Dominican Republic via Ria Partnership: Your Questions Answered
- What’s the Big News? BHD Bank and Ria Money Transfer Partner Up!
- How Does This Partnership Benefit Peopel Sending Money?
- What is Billet?
- How Does Someone Receive Money Through this Partnership?
- What is Ria money Transfer?
- Why is this Partnership Critically important for the Dominican Republic?
- What Does This Mean for Customers?
- Key Features and Benefits: A Quick summary
- Where Can I Find More Facts?
Banco BHD has partnered with Ria Money Transfer to streamline remittances to the Dominican Republic. The agreement allows individuals to send money directly to recipients in the Dominican Republic through BHD’s Billet mobile payment application.
Ria Money Transfer, a division of Euronet Worldwide, Inc., is a global leader in cross-border money transfers. The collaboration aims to provide a secure and efficient method for Dominicans to receive funds from abroad.
Under the agreement, Ria users can select Billet as the receiving option when sending money to the Dominican Republic. recipients must have an active Billet account to access the funds.
Ángel Gil,executive vice president of Billet,stated that the alliance with Ria Money Transfer will enhance the remittance experience for their customers. “Ria is an ally in the digitalization of remittances and it gives us the opportunity to offer our clients an experience of transfers immediate, high security and low commission,” Gil said.
Gil added, “This alliance strengthens the offer of digital financial services in our country, improves financial accessibility and provides our clients with the possibility of managing their money instantly from the platform Billet.”
Ria money Transfer
rosario Escarpita, SVP & Managing Director Americas of Ria money Transfer, emphasized the company’s commitment to providing accessible and secure digital financial solutions. “In Ria, we are committed to facilitating access to digital financial tools and solutions that are comfortable and safe for our customers,” Escarpita said.
“financial inclusion is key to the growth and empowerment of people, while helping the development of their communities. This alliance with Billet of BHD It allows us to connect to the Dominican community with their relatives and loved ones, allowing them to grow together irrespective of the distance,” they explained.
Billet
Billet is a mobile application available on the App Store and google Play. It facilitates electronic payments, including online purchases, mobile phone recharges, and money transfers. Users can access the platform with a card and a mobile phone number.
According to BHD, individuals do not need to be existing bank clients to utilize Billet’s services.
BHD Bank Enables Instant Remittances to the Dominican Republic via Ria Partnership: Your Questions Answered
What’s the Big News? BHD Bank and Ria Money Transfer Partner Up!
Banco BHD has teamed up with Ria Money Transfer. This partnership is designed to make sending money to the Dominican Republic easier and faster.
How Does This Partnership Benefit Peopel Sending Money?
The primary benefit is the ability to send money directly to recipients in the Dominican Republic using BHD’s Billet mobile payment application. Ria Money Transfer and BHD Bank aim to provide a secure and efficient method for Dominicans to receive funds from abroad.
What is Billet?
billet is a mobile application. It’s available on the App Store and Google Play. You can use it for things like:
- Online purchases
- Mobile phone recharges
- Money transfers
How Does Someone Receive Money Through this Partnership?
Recipients need an active Billet account to access the funds sent via Ria. When sending money through Ria to the Dominican republic, users can select Billet as the receiving option.
Do I Need to be a BHD bank Customer to Use Billet?
No. According to BHD, you don’t need to be an existing bank client to utilize Billet’s services.
What is Ria money Transfer?
Ria Money Transfer is a division of Euronet Worldwide, Inc. They are a global leader in cross-border money transfers.
Why is this Partnership Critically important for the Dominican Republic?
This partnership strengthens digital financial services and improves financial accessibility in the Dominican Republic. As Rosario Escarpita, SVP & managing Director Americas of ria Money Transfer, stated, “financial inclusion is key to the growth and empowerment of people, while helping the development of their communities.”
What Does This Mean for Customers?
Ángel Gil, executive vice president of Billet, says this alliance offers customers an “experience of transfers immediate, high security and low commission.” Customers can manage their money instantly from the Billet platform.
Key Features and Benefits: A Quick summary
Here’s a table summarizing the key elements of this new partnership:
| Feature | Benefit |
|---|---|
| Fast Remittances | instant money transfers to the dominican Republic. |
| Mobile convenience | Money sent directly to recipients via the Billet mobile app. |
| Security | Ria and BHD provide a secure transfer process. |
| Accessibility | Improves financial accessibility and digital financial services. |
| No BHD Account Required for Billet | Users can utilize Billet without being existing BHD Bank clients. |
Where Can I Find More Facts?
For the most up-to-date information, please continue to check the BHD Bank and Ria Money Transfer websites.