Ecobank Nigeria has announced the launch of a new service on
its Retail Internet Banking platform, the Western Union Account Based Money
Transfer service (WU ABMT). This Product allows customers to receive money
through Western Union online twenty four hours, seven days a week. Ecobank said customers are able to receive
money from 510, 000 Western Union agent locations worldwide directly to their
Ecobank account in Nigeria.
According to the mail titled “Western Union Just Got More
convenient At Ecobank”, customers working outside their home countries, can
send funds to their own Ecobank Account through Western Union, by simply
logging in to Internet banking on the bank’s platform and transfer the funds to
their account with the bank.
Speaking on the service, Head, Assets and Liability
Products, Domestic Banking, Ecobank, Adeola Dare, said this ground-breaking
electronic service will boost the successful partnership between Ecobank and
Western Union across Africa.
“It resonates a commitment to providing reliable and
convenient world-class money transfer service for Africans where ever they
might be”.
According to Adeola, the ABMT will allow customers
convenient access to the Western Union service via internet banking and through
any of the Automated Teller Machines (ATMs) and kiosks in the Ecobank network,
enabling them to receive money in their accounts anytime from approximately
510,000 Western Union agent locations worldwide
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