• Thursday, December 07, 2023
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Ecobank rewards customers for use of Rapid Transfer Service


 Ecobank has asked its customers and non-customers of the bank to take advantage of its Rapid Transfer product to ensure ease of money transfer to their loved ones and also benefit by having up to fifty percent discount on transfer fees.

Rapid Transfer is Ecobank proprietary send and receive money transfer product available in all Ecobank branches.

Funwa Akinmade, Head, Domestic Bank Products, Ecobank said this special discount window would last till the14th of April.

According to him Rapid Transfer is available to customers and non-customers who also stand the chance of winning instant gifts at the point of transferring.

Akinmade reiterated that Rapid Transfer facilitates easy transfer and access to funds across the country as well as enabling money transfers to and from any of the 31 African countries where Ecobank operates.

In his words “Rapid Transfer, which is the first of its kind in Nigeria, is designed to facilitate person to person transfer and easy payment for goods and services within Nigeria and across African borders without the hassles of sourcing for foreign exchange as the payments are made in the local currencies of both the transfer and the receiving countries”.

He listed Rapid Transfer target market to include schools/students, travelers, parents, foreign nationals residing in Nigeria, churches and missions, embassies and consulates, regional airlines/transporters as well as trans-border traders amongst others.

Speaking further, Akinmade emphasised that true to its record on compliance, Ecobank ensures that the exchange regulations of the various monetary zones are respected and that the Know Your Customers (KYC) principle is strictly adhered to in order to guide against money laundering.