Business

Ecobank rewards customers for fund transfer

As part of its end of the year product campaign, Ecobank has started giving free gifts to its customers for any Rapid Transfer Transaction they carry out.

A statement on Friday said this would last till the end of January, 2013.

The Rapid Transfer is an Ecobank proprietary send and receive money transfer product available in all Ecobank branches in Nigeria.

According to the Head, Domestic Bank Products, Ecobank, Mr. Funwa Akinmade, the product facilitates easy transfer and access to funds across the country and in all countries where Ecobank is represented.

He explained that Rapid Transfer was a special platform for people to reach out to their loved ones during this festive season, pay for their goods and services – as well as their children and  wards’ school fees, among other financial needs.

He said, “Rapid Transfer is available to customers and non-customers of the bank. It facilitates easy transfer and access to funds across the country as well as enabling money transfers to and from any of the 33 African countries where Ecobank operates”.

He added that Rapid Transfer, which is the first of its kind in Nigeria, was designed to save the customers from the risk of carrying cash and facilitate easy payment for goods and services in Nigeria.

 â€œAlso it enables easy payments across African borders without the hassles of sourcing for foreign exchange as the payments are made in the local currencies of both the transferring and the receiving countries,” he said.

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