Home News Bank crashes charges on foreign money transfers

Bank crashes charges on foreign money transfers

0
272

PHOTO:AFP

Organic Creame

Sending money abroad through FirstBank just got more economical with MoneyGram ‘Naija Send’ with charges now as low as N1,500. First Bank of Nigeria Limited is committed to ensuring ease, convenience, and affordability for its customers, and therefore sees this reduced fee as helpful in bringing loved ones closer, as they do not need to worry about high cost of sending money to family and friends living abroad.

The Group Head, Products & Marketing Support, FirstBank, Abiodun Famuyiwa, said: “Outbound money transfer through FirstBank is the way to go in sending money to loved ones abroad, as the money sent can be picked up within minutes either as cash in the currencies of the destination countries or as a direct transfer to beneficiary’s bank account over there.”

Also, there are no hidden charges as the beneficiaries get the exact transfer equivalent in the destination country. For instance, when N355,000 is sent abroad, the beneficiary gets exactly $1,000. The money is received in the currency of the destination country. In addition, there is no risk of buying fake currencies.

MoneyGram services are available at over 750 FirstBank branches nationwide. FirstBank also has dedicated money transfer branches that open every day of the year including Saturdays, Sundays and public holidays.

Source: G Business

Latest News
Kill Terrorists, Bandits Instantly, Defence Minister Urges Security Agencies, Says Insecurity To Become History SoonRethinking How Nigeria Supports SME GrowthFrom Nutrition To National Security: A Governance Lesson In Coordination & OwnershipStanbic IBTC Capital Named Nigeria's Best Investment Bank at 2026 Global Banking and Finance Review AwardsNNPC Seals Six Gas Deals To Boost Industrialisation, Energy SecuritySenate Queries N943m Allowances Paid to North-West Development Commission BoardStanbic IBTC Bank's Economic Forum Charts Nigeria's Path Through A Shifting Global EconomyTHE YEWA AWORI SOCIO-ECONOMIC BLUEPRINTS FOR THE YAYI ERA AND BEYONDEMHF Opens Heritage Event Hall, Unveils Vision For Africa’s Premier Music Heritage CentreNigeria’s Youngest Chartered Accountant, 16-Year-Old Danielle Osasere, Honoured At MFM Prayer CityThe Kick Of A Dying Horse: Rejecting The Retrogressive Agents Of Darkness In YEWA-AWORI LandNigerians Must Embrace Production, Entrepreneurship To Become Great- Emir of DutseTASFUED Holds Formal Investiture Ceremony for Sixth Substantive Vice-ChancellorOlodo Uprising: Carter Efe mirrors our collective disaster“I’m No Fraudster” — Adeyemi Fires Back at Presidency Over PFIPC Controversy