ECOCASH Granted Bureau De Change Licence
Largest mobile phone-based money transfer, financing and microfinancing service, ECOCASH, has been granted a Bureau De Change Licence.
Ecocash’s opening rate today is ZWL$10.80 to the United States dollar.
Responding to a tweeter post which seeks clarity on how one can buy foreign currency on the platform, EcoCash Zimbabwe @EcoCashZW said:
Kindly note that the service is aimed at changing funds in your RTGS to your FCA and not vice versa . As you know that it is illegal to transact directly using the $US this is a simplified way of converting the funds for your convenience.
It has since frog jumped into 200 countries including South Africa, USA, Namibia, Tanzania, DRC, Malawi, China, India, Kenya and Lesotho.
More: NewzWire; EcoCash Zimbabwe
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