Cash transfer service expands to Nigeria

WRby OKORO CHINEDU in Lagos, Nigeria

LAGOS, (CAJ News) – WORLDREMIT, the global money transfer firm, has introduced instant transfers to Nigeria.

In addition to its same-day bank transfer service, WorldRemit now allows people to send money to more than 140 cash pickup locations in the country, instantly.

People in more than 50 countries can use the app to send to Nigeria.

Recipients can collect money instantly from 140 branches of Skye Bank.

Ismail Ahmed, WorldRemit’s Chief Executive Officer and Founder of the United Kingdom-based WorldRemit, commented.

“Gone are the days of queuing in line at a high-street transfer shop and waiting several days for a money transfer to arrive. At WorldRemit, we offer people a choice of the most convenient ways to send and receive money. Today, Nigerians can use our app or website to send money to a bank account or cash pickup location, instantly.”

WorldRemit customers currently send over 400 000 transactions every month.

Nigerians living abroad sent home $20,8 billion in 2015, by far the largest volume of remittances to any country in Africa and the sixth largest in the world, according to the World Bank.

CAJ News

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Posted by on Jan 19 2016. Filed under Africa & World, Featured, Finance, National, News, Regional, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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