Money transfers enabled from US to Nigeria

Money Transfer

A leading digital money transfer provider has announced its expansion of services to Africa, making it easier for people in the United States to securely send money to Nigeria.

Xoom has announced the expansion. The company said with its services, people get the convenience of sending money on-the-go through a mobile phone, tablet or computer.

Customers can have money directly deposited into their loved ones’ bank account, and access to daily customer service.

“At Xoom, our goal is to make sending money around the world easier, more convenient and faster. That’s why we’re excited to extend Xoom’s services into Nigeria,” said Julian King, Senior Vice President of Marketing and Corporate Development, Xoom.

According to the World Bank, $5,7 billion is sent to Nigeria annually from the US.

“With Xoom, users can now send money from their mobile phones in a few clicks and instantly deposit money into their loved ones’ bank accounts in Nigeria. No more waiting in lines at the bank to wire money or at a cash pick-up center,” said King.

Customers require is their recipient’s bank account number, and Xoom will instantly transfer funds to the leading banks in Nigeria.

Customers can send up to $2 999 for $4,99 when paying with their bank account.

Xoom provides locked-in exchange rates on Naira.
Source:  CAJ News