{"id":25369,"date":"2018-08-01T13:54:03","date_gmt":"2018-08-01T12:54:03","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=25369"},"modified":"2018-08-01T13:54:03","modified_gmt":"2018-08-01T12:54:03","slug":"fidelity-bank-worldremit-partner-on-money-transfers","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/fidelity-bank-worldremit-partner-on-money-transfers\/","title":{"rendered":"Fidelity Bank, WorldRemit Partner On Money Transfers"},"content":{"rendered":"

WorldRemit customers in over 50 countries can now send money instantly to Fidelity Bank accounts from their mobile phones.<\/p>\n

The money transfer firm has joined Fidelity Bank, one of Nigeria\u2019s top financial services providers, for instant money transfers to four million accounts in Nigeria.<\/p>\n

The new partnership expands WorldRemit\u2019s footprint in the country and allows the 15 million-strong Nigerian diaspora living in over 50 countries \u2013 including the United States, the United Kingdom, and Germany \u2013 to send money directly from their phones to recipients in Nigeria. The deal supports WorldRemit\u2019s plan to serve 10 million customers connected to emerging markets by 2020.<\/p>\n

Fidelity Bank is one of the largest banks in Nigeria with an extensive network of branches across the country. The bank is committed to innovating its digital products to provide convenience and ease of banking for its customers. The collaboration with WorldRemit supports Fidelity Bank\u2019s dedication to innovation and increasing financial inclusion.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

Remittances play important role in the economy. The World Bank estimates that last year, Nigeria received over $22 billion in remittances, making it the largest recipient in Africa and fifth largest globally.<\/p>\n

WorldRemit\u2019s Regional Director for Africa and the Middle East, Andrew Stewart, said: \u201cNigeria remains our largest and fastest growing market in Africa, and WorldRemit\u2019s second biggest market globally. We are delighted to be partnering with Fidelity, a leading bank in Nigeria and a major player in the remittance business, to introduce its customers to our best in class online money transfer service, which offers a safer, faster and more cost-effective way to send and receive funds.\u201d<\/p>\n

Fidelity Bank Plc Managing Director\/Chief Executive Officer, Nnamdi Okonkwo said: \u201cWorldRemit offers a low-cost way to send and receive money. The opportunity for our customers to receive money from over 50 countries in a quick, affordable and convenient manner with WorldRemit is in line with our promise to deliver a new standard of service in the financial services industry.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

WorldRemit customers in over 50 countries can now send money instantly to Fidelity Bank accounts from their mobile phones. The money transfer firm has joined Fidelity Bank, one of Nigeria\u2019s top financial services providers, for instant money transfers to four million accounts in Nigeria. The new partnership expands WorldRemit\u2019s footprint in the country and allows …<\/p>\n","protected":false},"author":6,"featured_media":18477,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[753],"coauthors":[2391],"class_list":["post-25369","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-fidelity-bank-plc"],"yoast_head":"\nFidelity Bank, WorldRemit Partner On Money Transfers - National Wire<\/title>\n<meta name=\"description\" content=\"WorldRemit customers in over 50 countries can now send money instantly to Fidelity Bank accounts from their mobile phones. 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