#Japan #Hiroshima #Hiroshima Bank #Queen Bee Capital #PayForex

Strategic Partnership Enhances PayForex Remittance Services

In a significant move to broaden its reach in overseas remittance services, Queen Bee Capital Corporation has announced a partnership with Hiroshima Bank. This collaboration aims to leverage the strengths of both organizations to better serve customers seeking efficient and secure international money transfer solutions. Starting September 7, customers of Hiroshima Bank will be integrated with Queen Bee Capital's renowned remittance service, PayForex.

Overview of the Partnership

The new alliance marks a crucial development in meeting the growing demand for small overseas remittances, particularly those under 1 million yen. With numbers of foreign workers in Hiroshima Prefecture increasing, there's a notable need for fast and reliable funding solutions. Queen Bee Capital’s PayForex was designed to address this very demand by offering a user-friendly application process and competitive rates.

The partnership specifically focuses on referring individual customers wishing to make small remittances via Hiroshima Bank to the PayForex service. This initiative will enhance the customer experience by enabling quicker transaction processing, which is essential for individuals needing to transfer funds for living expenses or other urgent needs.

Moreover, users who open a PayForex account through Hiroshima Bank will benefit from a waiver of initial remittance fees, receiving a coupon valid for their first transaction. This incentive is part of the companies' efforts to boost service adoption and affirm the partnership's value proposition to existing and prospective customers alike.

Context and Demand

The increased influx of foreign workers in centers like Hiroshima means there’s a rising expectation among customers for speedier service for amounts up to 1 million yen. With low-cost, rapid, and secure money transfer services now an essential component of modern banking, both Queen Bee Capital and Hiroshima Bank are poised to respond effectively to this shifting market landscape.

This partnership seeks to improve customer convenience at Hiroshima Bank while simultaneously expanding Queen Bee Capital's user base. Offering valuable financial services to demographics that have traditionally faced barriers in accessing such resources can foster economic integration and community support for foreign workers.

Looking Ahead

The engagement aims to raise awareness among Hiroshiman customers about the advantages of using the PayForex service, especially for those who have yet to experience the benefits of fintech-powered money transfers. Queen Bee Capital remains dedicated to enhancing its service offerings while maintaining top-tier safety and security standards for all users, including both Japanese nationals and expatriates residing in Japan.

Anticipating future growth, Queen Bee Capital plans to further reinforce its remittance network, focusing on the Asia-Pacific region. By continuing to innovate and deliver high-value financial solutions, they aspire to support countries reliant on remittances and provide unique offerings that set them apart from other service providers.

Company Details

Hiroshima Bank Overview

• - Name: Hiroshima Bank, Ltd.
• - President: Ichio Kiyomura
• - Founded: May 1945 (Originally established in November 1878)
• - Location: 1-3-8 Kamiya-cho, Naka-ku, Hiroshima

PayForex Service Features

Launched in 2011, PayForex capitalizes on unique international money transfer channels to ensure secure and efficient fund transfers abroad. Customers enjoy benefits such as:

• - Speedy Transactions: Funds reach recipients faster compared to traditional banking methods, which typically require 1-3 business days.
• - Low Fees: Competitive fees ranging from zero to 2,000 yen, with no fees for transactions over 600,000 yen.
• - Safety: Client funds are protected under the Payment Services Act’s guarantee scheme, providing peace of mind.

Queen Bee Capital Overview

Queen Bee Capital specializes in cross-border money transfer services and operates as a fintech entity. Since registering as a remittance service provider in 2011, the company has focused on delivering innovative financial solutions driven by IT expertise and global financial insights.

• - Website: Queen Bee Capital
• - Establishment: September 2007
• - CEO: Shenbo Huang
• - Location: 22F, Sumitomo Realty & Development Roppongi Grand Tower, 3-2-1 Roppongi, Minato-ku, Tokyo

This strategic collaboration not only seeks to expand customer reach but also aims to create a robust financial infrastructure capable of supporting a diversity of lifestyles and needs.