In celebration of National Diaspora Day, Ecobank Nigeria is offering zero fees for money transfers on its Rapidtransfer App. Transfers on the Rapidtransfer app are at zero fees from now till the 31st of October 2020.
Last year, the Federal Government of Nigeria set aside July 25 of every year as National Diaspora Day in recognition of the contributions of Nigerians living outside the country towards homeland development.
According to Business Day, Korede Demola-Adeniyi, head, consumer banking, Ecobank Nigeria, said the decision to waive charges underscores the bank’s commitment to helping Nigerians abroad remit money home to their loved ones without placing an additional burden of charges on them, especially at this period of economic downturn across the world. She noted that the bank appreciates the contributions of Nigerians in the diaspora to the development of the country and is committed to ensuring that their transfers reach home instantly and affordably.
She also stated that the Rapidtransfer app delivers value to both the sender and receiver. “our rates on the app are very competitive ensuring that both the sender and receiver get value for their money. The app also allows you see the exchange rate before your transaction is consummated, thereby providing a great level of transparency. The entire money sent reaches home, no hidden charges.”
The Rapidtransfer app was introduced in 2018 as a game changer for remittances to Africa. It enables users to easily and instantly send money to any bank in Nigeria. Receivers also have the option of picking up cash at any Ecobank branch. The exchange rates are very attractive and the service is open to Ecobank and non-Ecobank customers. Interesting features of the app include easy navigation and multi-lingual capabilities. It is is available in English, French, Spanish and Portuguese languages. Rapidtransfer is the only pan-African money transfer service that enables you to send money super easy and superfast online.
The app is available for download on the Google Play Store and Apple Store.
Source: Business Day