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