Bard Santner Incorporated, a financial intermediary firm, introduced TX Money Transfer, a new service aimed at facilitating secure fund transfers within Zimbabwe.
The service is designed to enhance financial inclusion by providing a reliable platform for clients to send and receive funds instantly, boasting minimal charges and a commitment to transparency and efficiency.
TX Money Transfer imposes a flat 3% fee on the sender, while recipients incur no charges, ensuring a straightforward and predictable cost structure.
Transactions require only an identification card, and the service is currently accessible at six main branches across key cities like Harare, Bulawayo, and Victoria Falls, with plans to expand further through partnerships with Edgars and Jet Stores nationwide.
The launch aligns with Bard Santner’s strategy to bolster financial inclusivity by addressing gaps in the remittance sector, vital for managing billions in local and international transfers.
TX Money Transfer aims to streamline financial operations for individuals and businesses, promising reliability and transparency in fee structures to eliminate hidden costs and processing delays.
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Lucia Chingwaru, Executive Director of TX Money Transfer, emphasized the service’s commitment to enhancing client experience through swift and trustworthy fund transfers.
She highlighted the challenges faced by clients in receiving funds due to inefficiencies in the current remittance process, underscoring TX’s dedication to providing a service that clients can rely on.
Tatenda Hungwe, Executive Director of Bard Santner, expressed confidence that the launch would significantly contribute to Zimbabwe’s financial inclusion efforts and support its national goals for 2030.
Bard Santner, established as a licensed asset manager, extends its services globally, including locations in Mauritius, the United Kingdom, and the United States, underscoring its commitment to comprehensive financial solutions and advisory services.
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