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Rapidtransfer eases homebound remittances – Ecobank MD

The Managing Director of Ecobank Nigeria, Patrick Akinwuntan, has urged Nigerians in Diaspora to utilise the bank’s Rapidtransfer app when sending money to their loved…

The Managing Director of Ecobank Nigeria, Patrick Akinwuntan, has urged Nigerians in Diaspora to utilise the bank’s Rapidtransfer app when sending money to their loved ones back home throughout and beyond this festive season.

In a statement by the bank on Saturday, he said the remittance service is open to both Ecobank and non-Ecobank customers, as they stand to enjoy zero fees for all transfers done through the Rapidtransfer app till 31st January, 2019.

Akinwuntan, in the statement, explained that the Rapidtransfer app removes all the bottlenecks, burden and inefficiencies usually associated with remittances.

The app, according to him, provides simple and secure digital on-boarding where users can choose how and when funds are delivered to the intended beneficiary, with transparent foreign exchange rates prior to each transaction.

“I wish to encourage our brothers and sisters living abroad who wish to send money to their relatives this season to do so through our Rapidtransfer app.

“This is a game changer in the way Nigerians can send money to their loved ones. They do not have to physically visit an agent.

Rapidtransfer removes all of these issues and its standout affordability as we do not charge any fee for now. I wish to encourage them to sign up on this app and enjoy our seamless and cheap remittance service,” he said.

The statement added that the Rapidtransfer app can be downloaded from Googleplay store and iPhone’s app store.

“Through the app, users are able to send money instantly to and across 33 African countries.

“For Nigerians in Diaspora, the app will enable them easily and instantly send money to any bank account in Nigeria; receivers also have the option of picking up cash at any Ecobank branch as the exchange rates are very attractive.

“The features of the app include easy navigation and multi-lingual capabilities. It is available in English, French, Spanish and Portuguese languages,” it noted.

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