VMBS to open ‘Money Express’ Shop in St Catherine
The VM Money Express facility which is located at Shop # 12 – 13, First Floor, Heritage Mall, 12 Burke Road, Spanish Town, will complement the existing VMTS sub-agent network islandwide and will initially be offering remittance, bill payment and NHT Contribution Refunds disbursement services.
“Based on our customers’ needs and feedback over the years, our intent is to create additional distribution channels islandwide for us to be better able to provide more of the services they require while building their financial independence,” said Michael Howard, Chief Executive Officer of VMTS.
According to Howard, VM Money Express location in Spanish Town will be operated as a pilot in the first instance. He noted that Spanish Town was selected as the ideal first location as research indicated that the residents were underserved in terms of having access to a comprehensive remittance facility.
He said, “we begun our pilot on January 23 and the response from the Spanish Town residents have been excellent to date. We have now moved to officially open and the next move is to expand our VM Money Express outlets in the next few weeks.”
“VM Money Express will be a one stop money shop where our customers can access additional services such as cambio; retail distribution of phone cards; distribution of government payments, Agency Banking (collect deposits and withdrawals for Banks and other transactions) and ticket purchases for premium events in a safe and convenient space,” Howard continued.
The official opening of the Spanish Town location will be done in partnership with MoneyGram International Money Transfer. The all day event will see customers being treated to giveaways and guest performances.