Thanks to the groundbreaking partnership between MoneyTO and the Polish company South Link Commerce, it's now faster and easier to make online money transfers from the UK to Polish bank accounts. The deal between the two companies was finalized at Fintech 360 conference, the annual gathering of financial innovators, in Vienna, Austria.
As Polish is the most common non-British nationality in the UK, with an estimated total of 1 million Poles making Britain their home, the two companies felt it was the right time for them to establish this partnership. Having already had successful experiences in Poland, MoneyTO is looking forward to broadening partnerships which will bring its services closer to clients and make it even more available and attractive.
Online transfer is one of the easiest ways to send money to Poland. MoneyTO gives clients an opportunity to transfer money in Zloty, the national currency of Poland, saving on conversion. No matter where the recipients of remittances are - Warsaw, Krakow, Lоdz, Wroclaw, Poznan, Gdansk, Lublin or Katowice, they'll receive the transfers on their accounts during a day.
Galina Selicka, CEO of MoneyTO explained: "This initiative is in response to the growing needs of our clients. We are very pleased to be commencing this partnership with South Link Commerce which will enable us to provide a way for people to send money to their loved ones and families. Thanks to this partnership, money transfers may be made from the UK to all bank accounts in Poland in the national currency, quickly and with a low fee".
Sending money back home is an intrinsic part of all Poles' lives in the UK and MoneyTO hopes to expand further into Poland, providing its services to those for whom money transfers are a regular necessity. Now the UK is becoming a significant direction for Poland with an amount of USD 1.2 billion having flown into Poland in 2017, аccording to the World Bank data.
South Link Commerce is an independent Payment Provider. The company processes hundreds of thousands incentive payouts annually. South Link Commerce cooperates with the biggest companies based in the UK. The company was founded in order to ensure of fast, secure and inexpensive payout services to Poland, independent operation through local banks in Poland, easy way of sending money to all bank accounts in Poland and a possibility of issuing thousands of payments sent with a single wire transfer.