CCRL

Xoom Global Money Transfer, available online at Xoom.com, recently brokered a blockbuster partnership with one of Jamaica’s outstanding and most respected financial institutions, Capital & Credit Financial Group Limited, via its remittance arm Capital & Credit Remittance Limited.

A joint initiative has been launched between Capital & Credit Remittance Limited (CCRL), through its brand Capital & Credit Reggae Money Express and one of its franchise products RIA Money Transfer in aid of the Haiti Earthquake Relief & Recovery Effort.  Through this special collaboration, all remittances coming from the United States, through the RIA/Reggae Money Express money transfer platform in aid of the Haiti earthquake victims is remitted to one of the official c

Capital & Credit’s Reggae Money Express has announced a new service offering through a partnership with Xoom Corporation, the Internet-based global money transfer company operating from the United States of America. This enhanced service through Xoom.com, provides faster access to customers who receive remittances through deposits to bank accounts in just a few hours.

Capital & Credit Remittance Limited (CCRL) has appointed a General Manager to operate its local remittance business.

On March 1, 2009, Mrs. Sheron Dixon-Brown, formerly the Manager of Remittance Services at CCRL, was appointed General Manager by Chairman & Group President of Capital & Credit Financial Group, Ryland T. Campbell, who says the appointment will effect better efficiencies, synergies and ultimately increased profitability for the money transfer business. 

In her newly created post, Mrs. Dixon- Brown, has responsibility for the management of the overall local Remittance Operations as well as the Business with overseas alliances.

According to Mr. Campbell, organisational strategies implemented for the remittance business resulted in positive trends in profitability by the end of 2008, although this business arm lagged behind in the delivery of strong performance compared to its sister companies in the Group.

For her part, Mrs. Dixon- Brown says, “Plans are in place to thrust the remittance business on a more focused path to growth and profitability.” 

Sheron Dixon-Brown has 22 years experience in the financial industry, specialising in customer service and operations.  She holds an MBA in International Business from the Mona School of Business, University of the West Indies (UWI) and also a Bachelor of Science Degree in Accounting & Management (Honours) from the UWI.
 
CCRL was established in 1996 and provides money transfer services, through franchise products from remittance partners in the United Kingdom, North America (including Canada) and the Caribbean, via its own flagship brand, Reggae Money Express.

Reggae Money Express (RME) is one of two money transfer services chosen by the National Housing Trust (NHT) to pay out refunds to its contributors island-wide. As of January 2009, NHT contributors will no longer have to travel long distances to NHT’s branch offices to collect their refunds. They will instead be offered an option of over 70 additional collection points through Reggae Money Express agents island-wide.