The Banque Centrale Populaire (BCP) Group and Western Union have rolled out a new international money transfer service that lets people overseas send funds directly into bank accounts in Morocco in real time.
The offering rests on a direct application programming interface (API) link between the two companies’ systems, allowing transfers to be completed instantly and securely. The integration does away with the wait recipients have typically faced before getting access to their money.
Built with Moroccans living abroad and their families in mind, the platform aims to make cross-border transfers quicker and more convenient by pairing BCP’s domestic banking network with Western Union’s reach across more than 200 countries and territories.
Idriss Bensmail, General Manager in charge of Retail Banking at BCP Group, said the project reflects the bank’s drive to put technology and innovation at the service of its customers. He said the direct connection between Western Union’s systems and BCP’s infrastructure gives Moroccans abroad and their relatives a modern, seamless and secure transfer experience, while advancing the bank’s open banking strategy.
Western Union framed the partnership as a meaningful step toward broadening access to financial services. Mohamed Touhami El Ouazzani, the company’s Regional President for Africa, said both firms share a goal of helping customers in Morocco stay connected to the people and opportunities that matter most to them. The agreement, he added, deepens a long-running partnership and opens Western Union’s global financial network to Banque Populaire customers through real-time transfers.
The company thanked BCP for its continued trust and credited the teams behind the launch, saying the collaboration would improve financial connectivity and deliver greater value for customers at home and abroad.
According to the two firms, the API integration also paves the way for additional cross-border payment services down the line, reinforcing BCP’s standing in Morocco’s expanding open banking sector and advancing financial inclusion.
