Of course, the size of the Nigerian Diaspora community has increased, precipitating significant increases in remittance flows into the country. The development has given rise to demand for money transfer product with extensive reach across Africa by financial service providers that have strong foothold across the continent. The Ecobank Rapid Transfer is a proprietary send and receive money transfer product available in all Ecobank locations across Africa. No matter the bank you have your account in Africa, you can receive money through Rapid Transfer,” she said. The Ecobank Rapid Transfer could be made through cash to cash, cash to account, account to cash, account to account and cash pull transaction formats.

Source: The Guardian May 07, 2018 04:52 UTC