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Ecobank, firm partner on money transfer




Ecobank is offering its money transfer product known as Rapid Transfer customers, even as it partners Pamodzi Sports Marketing in the forthcoming Okpekpe 10 kilometre Road Race scheduled for May 7, in Okpekpe town, Edo State.

Speaking on the partnership Ecobank’s Managing Director, Charles Kie, said the Ecobank Rapid Transfer is best suited for the competition that has grown to have global recognition.

He said this year’s partnership is the third on the row that the bank is getting the official money transfer status of the renowned Okpekpe Road Race.

According to Kie, the Ecobank Rapid Transfer is an innovative money transfer services available within Nigeria and countries in Africa where Ecobank is present. “The service was conceived out of the need to provide quick, convenient, accessible, and reliable money transfer facility for our retail and wholesale customers and non-customers of the bank”.

Kie is optimistic that the Ecobank Rapid Transfer will provide the much-needed ease of financial transactions during and after the competition, and urged all the participants to avail themselves of the opportunities provided by the bank.

“This is an Ecobank proprietary send and receive money transfer product available in all Ecobank branches in Nigeria. The product allows you to send and receive money across Nigeria and also receive money from over 30 countries other Ecobank has its footprint. It is our way of supporting this international race to ease the burden of fund transfer,” he said.

The Chief Executive Officer, Pamodzi Sports Marketing, Mike Itemuagbor and promoter of Okpekpe International Road Race has said the Ecobank Rapid Transfer product was most ideal and suited for the Okpekpe 10 kilometre Road Race scheduled for May 7th in Okpekpe town, in Edo State.

Speaking against the backdrop of the spread and network of the Ecobank, Itemuagbor observed that the product would adequately cater for over 3000 local and international professional athletes expected at the competition including sports enthusiasts and government officials across the continent.

According to him, “The Okpekpe Road Race is global competition. It is therefore natural we look for a bank with a product that has international appeal. This informed our choice of Ecobank Rapid Transfer. The product has contributed immensely to the success of the past competitions.”

The Rapid Transfer, he reiterated is very suitable for trans-border traders, sports men and women, schools/students, travelers, parents, foreign nationals residing in Nigeria, churches and missions, embassies and consulates, regional airlines/transporters amongst others.

Ecobank Nigeria’s Rapid Transfer service allows customers to send and receive transfers within five minutes from any of the bank’s locations. The service runs on dedicated and secure software and is robust enough to offer domestic as well as regional money transfers. It is supported by a strong operations team committed to providing fast, reliable and convenient service to customers.

The bank offers a competitive rate of conversion and customers do not need an account to send or receive remittances. Money can be transferred via multiple channels such as ATMs. The product has eliminated the risk of carrying cash while travelling.  Ecobank has leveraged on its wide presence in sub-Saharan Africa to provide the service across 36 African countries in multiple languages and currencies.

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