Ecobank Assures Customers Seamless Access to Dollars

December 4, 2020
ecobank customer forum

By Ahmed Rahma

Ecobank Nigeria has assured its customers that efforts would be made to enable them to have their remittances in dollars done seamlessly.

This is in line with the recent announcement by the Central Bank of Nigeria (CBN) that beneficiaries of remittances can now receive their transfers in Dollars or opt to have the funds paid directly into their domiciliary accounts,

In a chat with newsmen in Lagos, the Managing Director of Ecobank Nigeria, Mr Patrick Akinwuntan, disclosed that the lender was taking steps to see to the immediate implementation of the policy.

He, therefore, encouraged Nigerians to open the Ecobank domiciliary account or reactivate their inactive ones with the bank in order to take advantage of the policy.

“We are leaving no stone unturned to ensure that our customers instantly receive their transfers as cash (USD) or transfers into their domiciliary accounts.

“Our customers have the flexibility to choose the mode of receipt that suits them. It is strictly on their terms,” the banker said.

Mr Akinwuntan also mentioned that, “Our proprietary money transfer platform, Rapidtransfer, available on the App Store and Play Store, makes it possible for Nigerians abroad to remit home instantly at very affordable charges.

“We have also just launched a new version, Rapidtransfer International, specifically for Nigerians living in Europe. The functionality of both apps is being enhanced to meet this new requirement.”

To deliver maximum value to its customers, the bank stated that it was collaborating with other remittance partners (Western Union, MoneyGram, Ria, Small World etc.) on this new development.

According to the head of consumer banking of Ecobank Nigeria, Mrs Olukorede Demola-Adeniyi, the Nigerian diaspora community makes a significant contribution to the economy.

She stressed that Ecobank was committed to supporting them by providing advisory services, remittance solutions, investment options and financial planning.

To lend credence to this, Ecobank recently held a Diaspora Summit with major stakeholders in commemoration of Nigeria’s 60th independence anniversary.

Rahma Ahmed

Ahmed Rahma is a journalist with great interest in arts and craft. She is also a foodie who loves new ideas. She loves to travel and would love to visit other African countries someday. She is a sucker for historical movies and afrobeat.

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