Blogs

WorldRemit

April 26, 2018
Services Team
906 views

WorldRemit We partner with WorldRemit so your loved ones can send you money online and you can receive directly to your bank account. Description FirstBank partners with WorldRemit so your loved ones

WorldRemit
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Banking Knowledge
WorldRemit


We partner with WorldRemit so your loved ones
can send you money online and you can receive directly to your bank account.




Description

FirstBank partners with WorldRemit so your loved ones can send you money online and you can receive either as cash at any of our locations or directly into your bank account



WorldRemit is an electronic money transfer service that creates convenience to both the sender and the receiver. It is available in over 150 countries around the world.





PAYOUT IN US DOLLARS:



With WorldRemit, US Dollar account holders and non-USD account holders of First Bank can receive funds from abroad in US Dollars directly into their Dollars accounts. Where recipient has no USD account, funds channeled through Local Currency accounts are deposited into USD accounts created by the Bank on behalf of recipients.



Features

  • Transfer available in over 150 send countries including all the states in the United States

  • Low cost
  • Fast
  • Simple
  • Trusted
  • Convenient



Benefits


  • Receiver does not pay any fee

  • Transfer is available to receiver immediately the sender concludes the transaction

  • Customer can access funds in all the Bank-s locations nationwide and across the alternative channels

  • Service available nationwide from Monday to Friday and at selected locations on weekends and public
    holidays




Payment Requirements (Receiving)



  1. Customer shares either their Local Currency or USD account with sender

  2. Once transaction is sent by sender, Customer walks into any of our locations nationwide to receive
    funds in USD

  3. Where Local Currency account is shared with sender, the bank notifies recipient of the USD
    account where funds is paid into.

  4. For Cash Pick Up transactions, recipients present a valid identity card




Payments Requirements (Sending)



  1. Sender-s name, Phone number and address
  2. The Receiver-s name, account number and country

  3. Amount in local currency of sender-s country or USD

  4. Acceptable means of identification
  5.  





Required Documents (1)



  • International Passport

  • Driver-s License

  • National Identity Card




Who can apply?


Anyone who is 18 years and above can use this service.


WorldRemit


We partner with WorldRemit so your loved ones
can send you money online and you can receive directly to your bank account.




Description

FirstBank partners with WorldRemit so your loved ones can send you money online and you can receive either as cash at any of our locations or directly into your bank account


WorldRemit is an electronic money transfer service that creates convenience to both the sender and the receiver. It is available in over 150 countries around the world.



PAYOUT IN US DOLLARS:


With WorldRemit, US Dollar account holders and non-USD account holders of First Bank can receive funds from abroad in US Dollars directly into their Dollars accounts. Where recipient has no USD account, funds channeled through Local Currency accounts are deposited into USD accounts created by the Bank on behalf of recipients.



Features

  • Transfer available in over 150 send countries including all the states in the United States

  • Low cost
  • Fast
  • Simple
  • Trusted
  • Convenient



Benefits

  • Receiver does not pay any fee

  • Transfer is available to receiver immediately the sender concludes the transaction

  • Customer can access funds in all the Bank-s locations nationwide and across the alternative channels

  • Service available nationwide from Monday to Friday and at selected locations on weekends and public
    holidays




Payment Requirements (Receiving)


  1. Customer shares either their Local Currency or USD account with sender

  2. Once transaction is sent by sender, Customer walks into any of our locations nationwide to receive
    funds in USD

  3. Where Local Currency account is shared with sender, the bank notifies recipient of the USD
    account where funds is paid into.

  4. For Cash Pick Up transactions, recipients present a valid identity card




Payments Requirements (Sending)


  1. Sender-s name, Phone number and address
  2. The Receiver-s name, account number and country

  3. Amount in local currency of sender-s country or USD

  4. Acceptable means of identification
  5.  





Required Documents (1)


  • International Passport

  • Driver-s License

  • National Identity Card




Who can apply?


Anyone who is 18 years and above can use this service.

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