Ecobank Nigeria (www.ecobank.com/ng/), a subsidiary of the leading pan-African banking group, Ecobank Group, has extended its innovative money transfer services to its business account holders. Under the new plan, business customers will be able to instantly receive funds sent via Ecobank Rapidtransfer or any of the Bank’s remittance partners from other businesses around the world directly to their bank accounts. Likewise, they will be able to instantly receive funds from their customers and transfer money to the bank accounts of other corporate customers.
The launch of the service follows the establishment of a transparent account opening procedure for customers who do not have an account domiciled with Ecobank Nigeria so that they can take advantage of the service for money transfers. effective money. The Pan-African Bank is also working to recruit other International Money Transfer Operators (IMTOs) for a more robust money transfer offering.
Disclosing this in Lagos, Head of Consumer Bank Korede Demola – Adeniyi, said the development is in line with the Bank’s strategy to provide accessible remittance services to Nigerians across the globe, listing the various channels to which these funds transfers are accessible via the Rapidtransfer application. , Ecobank Mobile App, Ecobank Online and bank branches.
“We are excited about these and other future collaborations as our contributions to boosting remittances to the country, promoting trade and foreign direct investment, building businesses, stimulating entrepreneurship and developing the Nigerian economy in general. Business account holders enjoy several benefits, including no limits on the amount they can receive, no hidden fees, and the ability to invest received funds in foreign currencies at a competitive rate.,” she says.
She added that Rapidtransfer, Ecobank’s proprietary product, is licensed in Europe and by the Central Bank of Nigeria (CBN) as an international money transfer service. Diaspora remittances can be sent from anywhere in the world using the Rapidtransfer app – available for download from Google Play and iOS stores.
Distributed by APO Group for Ecobank Nigeria.
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About Ecobank Nigeria:
Ecobank Nigeria is a subsidiary of Ecobank Group, the leading independent pan-African banking group. The Ecobank Group employs over 14,000 people and serves approximately 29 million customers across the personal, corporate and corporate sectors in 33 African countries. The Group has a banking license in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, UK and Dubai, UAE. The Group offers a full range of banking products, services and solutions, including bank and deposit accounts, loans, cash management, advisory, trading, securities, wealth and asset management. ETI is listed on the Nigeria Stock Exchange in Lagos, the Ghana Stock Exchange in Accra and the Bourse Régionale des Valeurs Mobilières in Abidjan. For more information, please visit www.ecobank.com
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