Easy money transfer to Nigeria

MoneyGram is the first money transfer company that offers customers a way to send money from Europe to most personal Nigerian Naira bank accounts. The service is offered to customers in France, Germany, Ireland, Italy and Spain.

AfricaBusiness reports that MoneyGram now offers bank account deposits through our network into five of the world’s largest remittance receive markets: Nigeria, China, India, Mexico and the Philippines; Nigeria is a €19.2 billion remittance market, with large sums being sent home by members of the diaspora.

Customers can send money to most of the personal accounts held at banks that are members of the Nigeria Inter-Bank Settlement System network including First Bank, UBA, Ecobank, Fidelity, and Zenith Bank from MoneyGram agent locations in France, Germany, Ireland, Italy and Spain. Receivers do not have to undertake any action as the funds are automatically deposited into their account.

Further reading on africabusiness.com

Image by MoenyGram

< Previous Next >

Related articles