System belongs to a very powerful financial corporations Coinstar, which is one of the world's developed processing companies and is engaged in addition to money transfers in travelers checks (Tomas Cook, and VISA), plastic cards, tax refunds and other financial services. Money transfer system Coinstar Money Transfer is a fast-growing company in the market of remittances. Coinstar Money Transfer System works via the Internet, as opposed to Western Union and MoneyGram, which for the money transfers information are using their own internal networks. Coinstar Money Transfer made not only the proposal to expand the network through sales at bank branches, but also demonstrated the ready front-office solutions for the operating staff of banks. Coinstar Money Transfer system is similar to Western Union - and compares favorably by more advantageous prices and ease of processing of the transfer. On June 1, 2007 the system "Travelex Money Transfer" has been changed its name to "Coinstar Money Transfer".
Coinstar Money Transfer (CMT) Locations in SOMALIA
SOMALIA have 138 cities with Coinstar Money Transfer (CMT) agent locations. All country.
Coinstar Money Transfer System works via the Internet, as opposed to Western Union and MoneyGram, which for the money transfers information are using their own internal networks. Coinstar Money Transfer made not only the proposal to expand the network through sales at bank branches, but also demonstrated the ready front-office solutions for the operating staff of banks. Money transfer system Coinstar Money Transfer is a fast-growing company in the market of remittances.
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For customers, according to the company, transfers in the system of Coinstar Money Transfers on average by 10-15% cheaper than Western Union or MoneyGram. The sender can also send free short text message, together with a remittance Coinstar Money Transfer. The receiver produces to the bank the original of identification card and Coinstar money transfer control number. The benefits of remittances Coinstar Money Transfer: in case of return of the transfer, the commission is not returned to the sender.