Written by Access AdminSeptember 28, 2020

Access Forex Expands Domestic Footprint

HARARE, SEPTEMBER 21, 2020 – Remittances transfer firm, Access Forex, says it is looking at expanding its domestic remittances footprint to cover the whole country by year-end.
Mildred Kujinga Access Forex’s Business Development Manager said that the firm – which is already offering cross-border remittances for the Zimbabwe – South Africa corridor as well as the Zimbabwe – United Kingdom corridor – was moving to drive the central bank’s financial inclusion drive by targeting the financially marginalized.
“Access Forex has been aggressively growing the cross-border remittances targeting Zimbabweans in the Diaspora. We launched domestic remittances three months ago and have been expanding the domestic remittances market to take care of the receiver of the last mile,” she said.
Kujinga pointed out that this product was aimed at bringing seamless currency flow in the country in the wake of cash shortages.
“Through this product, Zimbabweans can send money to any part of Zimbabwe. This is not virtual money but hard cash that will find its way to the most remote parts of Zimbabwe bringing convenience to the country’s marginalized.
“We have deliberately partnered with players who will make it easy for Zimbabweans from all walks of life anywhere to access hard cash. We believe that this solution will save our customers the financial inconvenience of traveling to cities in search of cash,” Kujinga said.
Some of Access Forex’s partners include ProFeeds, Quest Financial, Jet Stores, MyCash and various others to make up a comprehensive network of convenience.
“We will have consistent service delivery at the lowest charges. Market response has generally been optimistic because clients from as far as the United Kingdom are now able to send money home to the very last leg.
“What drove us to launch this product is the fact that we discovered getting cash to remote parts of the country was a hustle as we were working on our ‘Feed a Million Campaign’ a programme where we are giving back to the community,” she said.
The Access Forex Business Development boss said the firm was looking at covering Zimbabwe’s 210 districts through strategic partnerships by close of 2020.

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Written by Access AdminSeptember 28, 2020

Access Finance goes global

HARARE, SEPTEMBER 18, 2020 – Finally! Zimbabweans will now be able to make global payments without a hustle.
Financial solutions firm, Access Finance, a registered bureau de change and money transfer agent, says it has developed a seamless payments product to facilitate global payments from Zimbabwe.
The firm – which already has a domestic remittances network spanning the whole country – has developed a product for import payments across the globe.
Access Finance’s Business Development Manager Mildret Kujinga said the finance solutions firm sought to plug the inconvenience clients have experienced over the past five years by failing to settle international obligations.
“Most Zimbabweans have been struggling to make payments outside the country. We have had students stranded outside the country, not because parents did not have the money to honour their obligations, but simply because parents could not find convenient ways of making these payments.
“Similarly, individuals have failed to sit for crucial examinations because they had failed to make payments to treasury bodies like the Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA) and others.
“Our promise to our customers is that this is now a thing of the past. They can process these payments through us instantly,” Kujinga said.
Access Finance’s outbound remittances business enables customers to execute school and university fees payments, professional body subscriptions, import payments, medical bills and any other offshore payment that one may need to settle.
“There have been situations where clients needed to settle medical bills, say in India, but then had to watch loved ones waste away because there was simply no way of settling these bills.
“This will not happen again, as long as we can help it. Access will ensure these payments are made seamlessly,” Kujinga said.
Kujinga said the firm has proven capacity to facilitate payments across the world.
“We are licensed in the United Kingdom and South Africa with the exchange control authorities in both jurisdictions. We are not limited to Zimbabwe alone, we are global,” she said.
“We also do this locally. For instance, the parent is sitting on RTGS and wants to pay in USD or vice versa. Or they want to liquidate their nostro and still make payments. We are the go-to people because we will process all these payments without a hustle,” she added.
“Locally, we facilitate for conversion between foreign currencies and the Zimbabwean dollar. This makes us the go-to treasury and payments services provider.”, she added.
Highlighting that the company was equipped to do any currency switch ranging from ZAR to USD, GBP to USD, EUR to USD and vice versa, Kujinga said Access Forex also had in-house treasury solutions.
“For anything to do with forex, we are the go-to people. So, this means that even if you are traveling to any part of the world, you can visit us and we will switch the currencies for you without any hustle,” she said.

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