The N5 for every dollar cashback will be paid to Access Bank
customers irrespective of their preference to receive funds as US dollars cash
pick-up over the counter or direct transfer into their domiciliary accounts.
The reward scheme is in line with the Central Bank of
Nigeria’s “Naira 4 Dollar scheme” aimed at encouraging inflow of diaspora
remittances into the country and the scheme will run from Monday, March 8 to
Saturday, 8 May 2021.
Speaking on the initiative, Victor Etuokwu, Executive
Director Retail Banking, Access Bank Plc, said “ Remittance Services are a key
aspect of our economy and it is still vibrant and viable today because people
still take care of family members, loved ones, friends and invest at home even
as they live abroad.
As part of our promise to create value and meet the needs of
our customers, we are happy to announce that our customers can now receive the
N5 for every $1 incentive, at any of our branches nationwide, when their loved ones
or associates send funds from the diaspora.
The Bank’s promise to deliver “More than Banking” services
is even more relevant at this time as customers are looking for convenient
products and services to facilitate their lifestyle needs. As a pioneer in
international transfer services, we still maintain a strong relationship with
our remittance partners: Western Union ,MoneyGram, Ria, WorldRemit ,Transfast,
Paysend, Shift, Sendwave and other international money transfer services and we
are committed to delivering excellent service to all our customers. Our
remittance services are available to both customers and non-customers of Access
bank” Victor concluded.
Access Bank, over the years, has leveraged technology
including advanced analytics, cloud computing, artificial intelligence, machine
learning and robotics process automation to reform business operations and
drive performance to improve customer experience.
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