Money Transfer International LTD is thrilled to announce that it has received a letter of no objection from the Central Bank of Kenya (CBK) to process remittances for its flagship product, TUMA. This significant approval allows TUMA to facilitate cross-border payments through a strategic partnership with NCBA Bank, one of Kenya’s leading financial institutions.

This regulatory nod from the CBK is a monumental step forward for TUMA, a cutting-edge cross-border payments application designed to streamline the remittance process for Kenyans living abroad. With this approval, Kenyans in the diaspora can now rely on TUMA to ensure their hard-earned money reaches their families and loved ones back home in a safe, secure, and efficient manner.

The partnership with NCBA Bank further solidifies TUMA’s commitment to providing top-notch financial services. NCBA Bank, known for its robust banking infrastructure and adherence to stringent financial regulations, will play a crucial role in ensuring that all transactions processed through TUMA are handled with the utmost integrity and transparency. This collaboration is set to enhance the user experience by offering seamless integration and secure transaction processing.

In conclusion, the approval from the Central Bank of Kenya is a testament to TUMA's relentless pursuit of excellence in financial services. It marks the beginning of a new era where Kenyans abroad can send money home with confidence, knowing that their remittances are in safe hands. TUMA is not just a remittance service; it is a bridge that connects families, fosters financial inclusion, and drives economic growth. With the support of NCBA Bank and the endorsement of the CBK, TUMA is poised to revolutionize the remittance landscape for Kenyans worldwide.