TerraPay, a global payments infrastructure company, has announced its partnership with Attijariwafa bank, Morocco’s largest banking group by market capitalization, to facilitate real-time and seamless global money transfers directly to bank accounts in Morocco.
This partnership will allow Attijariwafa bank to leverage TerraPay’s well-established global partner networks and receive inbound cross-border payments from various sending partners in 200 countries. Thanks to this collaboration, TerraPay will be able to leverage Attijariwafa bank’s expertise in person-to-person payments and its strong presence in the region to expand its network in Morocco, the statement said.
Commenting on this partnership, Bassem Awada, Managing Director MENA and Global Vice President of Key Partnerships at TerraPay, said: “Morocco is a competitive market and has a large diaspora for remittances. We are delighted to welcome Attijariwafa bank as our trusted partner for instant global payments in Morocco. This partnership is a first for TerraPay in Morocco and allows us to deepen our network and expand TerraPay’s global footprint. »
Adnane Driouech, Head of International and Corporate Cash Management at Attijariwafa bank, added: “We are pleased to partner with TerraPay. Its extensive global payments network, partners and infrastructure will play a vital role in facilitating instant international money transfers for our customers. Our integration with TerraPay has enabled our customers to receive cross-border payments directly from over 200 countries seamlessly, securely and instantly. »
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