MoneyGram is a widely used international money transfer service that allows individuals to send and receive funds quickly and conveniently. In Nigeria, several banks have partnered with MoneyGram to provide this service to their customers. Some of the most popular banks that offer MoneyGram services include:
* Access Bank
* First Bank of Nigeria
* Guaranty Trust Bank
* United Bank for Africa
* Zenith Bank
These banks have branches spread across the country, making it easy for customers to access MoneyGram services. To send or receive money using MoneyGram through these banks, customers can visit any of their branches and provide the necessary information and funds. The recipient of the money can then collect it from any of the bank’s branches or authorized agent locations.
Moneygram Services in Nigeria
MoneyGram is a leading global money transfer service that allows individuals to send and receive money quickly and conveniently. In Nigeria, several banks offer MoneyGram services, enabling customers to access the service’s vast network of agents and locations.
Banks That Offer MoneyGram Services in Nigeria
- Access Bank
- Ecobank
- Fidelity Bank
- First Bank of Nigeria
- Guaranty Trust Bank
- Heritage Bank
- Polaris Bank
- Stanbic IBTC Bank
- Union Bank of Nigeria
- United Bank for Africa
- Wema Bank
- Zenith Bank
How to Send Money with MoneyGram in Nigeria
To send money through MoneyGram in Nigeria, follow these steps:
1. Visit any of the authorized MoneyGram agent locations or banks listed above.
2. Fill out a MoneyGram send form, providing the recipient’s name, address, and phone number.
3. Provide a valid identity document, such as a passport or national ID card.
4. Pay the applicable transaction fee and transfer amount.
5. Receive a reference number for your transaction.
How to Receive Money with MoneyGram in Nigeria
To receive money through MoneyGram in Nigeria, follow these steps:
1. Visit any of the authorized MoneyGram agent locations or banks listed above.
2. Provide the sender’s name, reference number, and valid identity document, such as a passport or national ID card.
3. Collect the transferred amount in cash.
Fees and Limits
MoneyGram charges a transaction fee for both sending and receiving money. The fees vary depending on the amount transferred, the sending and receiving countries, and the service option selected. There are also daily and monthly limits on the amount that can be sent or received through MoneyGram.
Benefits of Using MoneyGram in Nigeria
Using MoneyGram for money transfers in Nigeria offers several benefits:
- Fast and reliable: Money transfers are processed quickly and securely, typically within minutes.
- Wide network: MoneyGram has an extensive network of agents and locations in Nigeria, making it convenient to send and receive money.
- Multiple payment options: Customers can pay for MoneyGram transfers using cash, debit card, or credit card.
- Convenience: MoneyGram services are available at banks and authorized agent locations throughout Nigeria.
Banks Accepting Moneygram Transactions
MoneyGram is a reliable and widely used money transfer service that enables individuals to send and receive funds around the globe. In Nigeria, numerous banks collaborate with MoneyGram to facilitate seamless money transfers.
The following is a comprehensive list of banks that offer MoneyGram services in Nigeria:
- Access Bank Plc.
- Citibank Nigeria Limited
- Diamond Bank Plc.
- Ecobank Nigeria Plc.
- Fidelity Bank Plc.
- First Bank of Nigeria Plc.
- Guaranty Trust Bank Plc.
- Heritage Bank Plc.
- Keystone Bank Limited
- Polaris Bank Limited
- Stanbic IBTC Bank Plc.
- Standard Chartered Bank Nigeria Limited
- Sterling Bank Plc.
- Union Bank of Nigeria Plc.
- United Bank for Africa Plc.
- Wema Bank Plc.
- Zenith Bank Plc.
| Bank | Sending Fee (Within Nigeria) | Receiving Fee (Within Nigeria) |
|---|---|---|
| Access Bank Plc. | ₦2,000 – ₦5,000 | ₦1,500 |
| First Bank of Nigeria Plc. | ₦2,000 – ₦5,000 | ₦1,000 |
| Guaranty Trust Bank Plc. | ₦2,500 – ₦6,000 | ₦1,250 |
| Zenith Bank Plc. | ₦2,000 – ₦5,000 | ₦1,500 |
Benefits of Using Moneygram
MoneyGram is a global money transfer service that enables individuals to send and receive money conveniently and swiftly. Sending money via MoneyGram offers several advantages, making it a preferred choice for many.
- Extensive Network: MoneyGram has a vast network spanning over 200 countries and territories, ensuring easy access and convenience for users worldwide.
- Fast and Efficient: Money transfers are processed quickly, often within minutes, providing recipients with timely access to funds.
- Multiple Receiving Options: MoneyGram offers flexibility by allowing recipients to receive funds either in cash at designated agent locations or as a bank deposit.
- Competitive Rates: MoneyGram offers competitive exchange rates and transparent fees, ensuring cost-effectiveness for users.
- Secure Transactions: MoneyGram employs robust security measures, including encryption and fraud detection systems, to protect user information and transactions.
Agent Locations in Nigeria
| Bank | Number of Agent Locations |
|---|---|
| First Bank of Nigeria (FBN) | Over 1,000 |
| Zenith Bank Plc | Over 500 |
| Ecobank Nigeria Plc | Over 300 |
| Access Bank Plc | Over 200 |
| United Bank for Africa (UBA) Plc | Over 150 |
International Money Transfers with Moneygram
MoneyGram is a global money transfer service that allows individuals to send and receive money from various countries. In Nigeria, several banks have partnered with MoneyGram to facilitate international money transfers. These banks provide convenient platforms for customers to access MoneyGram services and send money to their loved ones abroad.
To initiate a MoneyGram transfer, customers can visit any of the participating banks and provide the necessary details, including the recipient’s name, address, and the amount to be sent. The banks will then process the transaction and issue a reference number to the sender. The recipient can use this reference number to collect the funds from a MoneyGram agent in their country of residence.
MoneyGram transfers are typically processed within minutes, making it a fast and convenient way to send money internationally. However, it is important to note that transfer fees and exchange rates may vary depending on the bank and the destination country.
Alright folks, that’s all for our quick look at banks in Nigeria that use Moneygram. I hope this article was helpful in your search for the best way to send or receive money in Nigeria. As always, be sure to do your own research before making any decisions. And don’t forget to check back later for more updates and helpful tips. Thanks for reading!