The Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan, has said the bank’s decision to charge zero fee of (on) RapidTransfer remittances was borne out of the need to ensure Nigerians abroad are able to send home 100 percent of monies made through hard work.
According to him, “Because we are able to do it per scale and because we know that when Nigerians work abroad, close to seven to eight per cent of their sweat is taken as commission when they are sending money home, we decided to make the cost of sending money home free. We want 100 per cent of the money made through the sweat and hard work of Nigerians, find its way back to Nigeria, to support and develop our economy in Nigeria. This is why we made the RapidTransfer charges zero.”
(This Day )
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