Home Market Updates First Bank of Nigeria, Trans-Fast Remittance tie money transfer alliance

First Bank of Nigeria, Trans-Fast Remittance tie money transfer alliance

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By TECHNOLOGY TIMES Reporter

Bisi-Onasanya, MD of First Bank of Nigeria
Bisi-Onasanya, MD of First Bank of Nigeria

Lagos. July 29, 2013: First Bank of Nigeria Limited has partnered with Trans-Fast Remittance LLC, a global money transfer company and owner of Trans-Fast money transfer brand, to provide money transfer services in Nigeria. 

The partnership joins two industry leaders with mutually complimentary and formidable qualities that will markedly enhance the quality of services provided to Nigerian remitters around the world, according to a joint statement by the two organisations.

First Bank said that the partnership will strengthen its dominance of international money transfer and give its customers a wide range of options for families and friends through the over 700 branches of the bank in Nigeria.

First Bank said that the new partnership, brings to four the number of international money transfer platforms offered on its platform.

According to the new agreement signed in Lagos between executives of FirstBank and Trans-Fast Remittance, Trans-Fast, which has over 20 years’ experience in money transfer and operations in over 90 countries will make its over 200,000 global network available for FirstBank customers to transfer money directly via the internet while also allowing beneficiaries of international money transfer get money directly into their accounts in any currency through any of the FirstBank branches nationwide.

According to Folake Ani-Mumuney, Head, Marketing & Corporate Communication FirstBank, with the Trans-Fast platform, customers will have the options of sending money directly to the receivers account, online transfers as well as cash pick-up at any of the FirstBank branches.

Samish Kumar, CEO of Trans-Fast Remittance, LLC said the partnership with FirstBank joins two industry leaders with mutually complimentary and formidable qualities that will markedly enhance the quality of services provided to Nigerian remitters around the world.

“Trans-Fast has always offered excellence in the products and services we provide our clientele; this new partnership elevates quality and convenience of service for our customers, to provide value that is resoundingly unquestionable.”

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