Tempo Money Transfer and Unistream build on collaborative venture

Source: Tempo Money Transfer

International money transfer system, Tempo Money Transfer and one of the CIS –leading remittances provider, Unistream, have successfully completed the next stage of its joint project.

Clients can now send money from Tempo’s locations in Germany and France and collect cash in Unistream’s pay-out locations, in Albania, Belarus, Bulgaria, Georgia, Kyrgyzstan, Moldova, Romania and Tajikistan, as well as Turkey and Uzbekistan.

The completion of this stage of collaboration has led to an increase of 11,000 pay-out locations, for Tempo, in Europe.

Paris-headquartered, Tempo and CIS-based remittances operator, Unistream, started cooperation this year. The first stage of the project opened opportunities for clients to transfer money from Germany and France to Mongolia, Vietnam and some CIS countries. The total number of payout locations soared by almost 12, 000.

"The focus of Tempo Money Transfer's activity lays in Europe, particularly in France and Germany. In this regard, we offer affordable tariffs and EU-standard services, " said president for the Paris-headquartered company, Mr. Jeffrey Phaneuf.

He also noted that the market of outbound transfers in France and Germany has a unique position in Europe, while the corridor (France – CIS) is one with great potential, this is due to a large number of migrants from former Soviet Union countries, living and working in France and Germany.

Mr. Phaneuf also said the high levels of quality and reliable services, Tempo provides, are confirmed by the license issued by the Bank of France (Banque de France).

He pointed out that Tempo plans to further increase the number of its locations in Germany and France.

He also mentioned intensive development, that Tempo is carrying out in the European continent and globally.

The number of locations in Europe where clients can send money exceeds 70, while the total number of locations where Tempo services are available is over 190,000 in more than 100 countries

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