01/12/2009 - CNG Business Services launches Money Transfer Services

CNG Business Services is very pleased to announce the launch of Money Transfer services with MoneyGram and MTI.

Money transfer is a fast growing service as more and more people in the UK send money abroad.

CNG Business Services has negotiated an exceptional deal for all CNGBS customers with commissions starting at 18% of the transfer fee.

This commission increases after the first year based on transaction volumes.

The MoneyGram transfer service can generate significant additional incremental revenue for your business with every transaction earning you an income through commissions on the transaction fee.

Through CNG Business Services, a retailer who qualifies with MTI as a MoneyGram Sub-Representative Agent will benefit from:

A GENEROUS COMMISSION STRUCTURE of between £3 - £4 on every money transfer transaction that your customer undertakes. Commissions can vary depending on transaction volume. On average in the UK, (add comma) a money transfer agent makes an estimated 100 transactions per month.

Other benefits include:

There are minimal additional costs, with MTI providing all the necessary software, stationery and merchandise (signage, facia, canopies) free of charge.

The MoneyGram brand is a globally recognised and trusted brand; your business will benefit from this positive association.

The MoneyGram service will attract customers into your outlet generating immediate and significant cross-selling opportunities and an additional footfall of customers which you may not have previously captured.

MTI is monitored by HMRC and stringently manages supportive procedures to ensure the agent is fully compliant.

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