Xpress Money organises financial literacy programmes for blue-collar workers in Oman

MUSCAT: Xpress Money, one of the most dependable money transfer brands in the world, in association with its agent partners, has reached out to over 50,000 blue-collar migrant workers in Oman through targeted financial literacy programmes designed to empower them.

The initiative is part of Xpress Money’s commitment to providing financial literacy to blue-collar audiences across the Middle East, thus promoting financial inclusion. Over the last 6 months, Xpress Money along with its agent partners visited over seven labour camps countrywide. Over 70 interactive sessions were conducted that have collectively benefited over 50,000 migrant workers specifically from South Asian countries like Bangladesh, Pakistan and India.

“Xpress Money is committed to providing financial education and inclusion to migrant workers, particularly the blue-collar segment. We want to help them effectively manage money, safely remit funds without falling prey to fraud and become a part of the formal financial system.

“Xpress Money has been reaching out, empowering and benefiting blue-collar migrant workers across the GCC and we are proud of the effectiveness of our outreach in Oman. We thank all our agent partners, who have constantly supported us in our endeavour,” said Ashwin Gedam, vice president of Global Marketing, Xpress Money.

The financial literacy sessions included details on how to safely manage money, safely remit to friends and family back home, and the risks inherent in using money mules. Workers were also given practical financial tips to help better manage their money and plan for a secure future.

“Our financial literacy initiative in Oman has benefited from the outreach we have conducted in other countries. We have gathered feedback from participants, and have tailored our sessions to offer maximum benefit to our blue-collar audiences. It is heartening to see the difference these sessions make to their lives, and help them assume more control over their finances,” Gedam added.