Welcome To YCASH
National Cash Transfer Company (YCASH) is the first company specialized in provision of humanitarian transfers services in YEMEN, partnering with financial Service providers & NGOs It is permitted by the CBY with a license record number (17227).
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The National Cash Transfer Company (YCash) implemented a course in Anti-money laundering and terrorist financing aim to raise awareness of the concepts, policies, procedures and compliance controls, on Sunday, 12/6/2022 . The course targeted all employees of the branches and employees of the General Administration, which was trained by a member of the compliance committee of the Association of Yemeni banks "Mr. Abdullah Musleh Al-farzai", which included the concepts of Anti-money laundering and terrorist financing, indicators of suspicion and fraud, electronic banking operations and the risks resulting from non-compliance with the procedures for the implementation of tasks in accordance with instructions, regulations, work manuals and risk management procedures in addition, the course included several ways to implement compliance policies, procedures and controls, risk-based approach, periodic reports and know your customer procedures.
The National Cash Transfer Company (YCash) participated last Monday in the regional risk assessment management in Digital Financial Services workshop, which was held by the International Finance Corporation (IFC), which dealt with the risk management methodology in digital financial services and the use of tools developed by the International Finance Corporation for digital financial services providers.The participation of the National cash transfers Co. (YCash) in the workshop comes within one of the components of the technical support partnership provided by the International Finance Corporation, which included the preparation of the business plan 2023-2030 for the company as a unique financial and humanitarian partner, where the diagnosis of the company was completed, the development of the company's business plan, the development of its customer base, the support of humanitarian systems and solutions, and the provision of innovative products with supportive partnerships to reach a good customer experience.The business The plan and technical support provided focuses on building an effective risk management and high compliance system to help the company provide its services to financial institutions and organizations working in the humanitarian sector with a commitment to high compliance and risk control.
National Cash Transfer Company participated in a workshop on “Controls to Combat Money Laundering and Terrorist Financing in Remittance Networks
National Cash Transfer Company participated in a workshop on “Controls to Combat Money Laundering and Terrorist Financing in Remittance Networks Under the title (Control Controls for Combating Money Laundering and Terrorist Financing in Remittance Networks” during the period from January 25-26, 2022 AD - This course was held Sponsored by the Governor of the Central Bank of Yemen, which was organized by the Financial Information Collection Unit to Combat Money Laundering and Terrorist Financing, and through which all exchange companies operating in the Republic were invited During the course, special international standards and controls for combating money laundering and terrorist financing in money transfer networks were identified, which is one of the most important issues of the contemporary banking sector in the countries of the region, including ours, And improving its role in the process of remittances with a view to stimulating investment and international trade and the transfer of funds by ensuring its flow through its legitimate channels away from suspicions of money laundering or terrorist financing
The graduation celebration of the first batch of Marketing - College of Administrative Sciences (University of Aden) under the official sponsorship of the National Company for Cash Transfers
After the completion of the training course of "Financial Services Promoting", which targeted the graduates of the first batch of Marketing 2021 who graduated from the College of Administrative Sciences, Aden University - conducted earlier this month with the kind support of the National Cash Transfer Co. (YCASH) as the official sponsor of the batch graduation ceremony) at the company's head office in Khor Maksar, the batch graduation ceremony had been conducted on Wednesday morning, November 24, 2021. "However the training course was completed but our journey with the trainees has not ended yet, we will be the partner of success which contributed to the establishment of a new process for those who deserve it.", said the CEO of YCASH. # Graduation_Graduation #first batch marketing #marketing
On 21 October during a special ceremony for the winners of Global SME Finance Award, YCASH got special recognition from IFC's Global SME Finance Award for its efforts to serve SME clients in challenging and difficult operating environments.
In line with their joint values and visions, on October 21st, 2021, National Cash Transfer Co. (YCASH) and Employment Foundation - Yemen (EFE) signed a partnership and cooperation agreement. This partnership is executed to support young women and men, who seek employment and have entrepreneurship concepts, to enable them overcome the difficulties they face and empower them in labor market and finance their businesses.
YCASH and MasterCard signed a partnership agreement by which YCASH was assigned as the Exclusive Partner (Reseller) of MasterCard's CommunityPass solutions which include humanitarian and development digital solutions.
Integrating humanitarian transfers system screens within some network systems
Cash Learning Partnership CaLP YCASH accepted YCASH as a member of CaLP which is a global Cash Learning Partnership (CaLP) network of humanitarian actors involved in policy and practice for research in the field of Cash and Voucher Assistance (CVA).
Ramadhan Food baskets supplying for Islamic Relief Organization
Cash transfers services tender advertised by Adventist Development and Relief Agency (ADRA)
The project was located in Taiz Governorate, for the partner (SOLIDARITÉS International) organization
The program targets the new staff aiming at providing them with a clear and comprehensive idea about the company, It is considered as one of the procedures carried out by the company to accommodate the new staff and help them to recognize the work environment and mechanisms within the company and to contribute in charting a correct career path for the staff joining the company, also to build and enhance loyalty and job integration level , in addition to that increasing staff productivity
National cash transfer company was established in Aden city , on October 22nd , 2019 as a company specialized in humanitarian transfers , licensed by the Central Bank, working in partnering with all financial service providers (banks, insurance companies, exchange companies and microfinance institutions).
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