This N5 for a dollar incentive is paid to FirstBank’s
customers regardless of their preference to collect the USD as cash across the
counter in any of the Bank’s over 750 branches nationwide or as transfer into
the customers domiciliary accounts.
The reward to customers is in line with the Central Bank of
Nigeria’s ‘Naira 4 Dollar scheme’, driven to promote diaspora remittances into
the country. For example, a customer that receives 10,000 USD, gets N50,000.00
as reward. The scheme runs from Monday, 8 March – Saturday, 8 May 2021.
Speaking on the initiative, FirstBank’s CEO, Dr. Adesola
Adeduntan said;
“At FirstBank, we are pleased to participate in the CBN’s
‘Naira 4 Dollar scheme’ as it will contribute to deepening financial inclusion
in Nigeria. Indeed, it’s an activity we are pleased to lead, whilst promoting
access to funds across the nooks and crannies of the country in almost 127
years of our existence.”
“We are delighted to be a gateway to promoting dollar
remittances into the country and we encourage our customers, their loved ones
and friends to use our international money transfer services which would enable
them to enjoy the rewards of this promo, sustaining the increase in inflows of diaspora
remittances into Nigeria consequently help in poverty reduction, income
redistribution and enhancement of economic growth’.’
FirstBank pioneered international funds transfer and
remittances over 25 years ago and has been at the forefront of promoting cross
border payments in the country, having started the journey with Western Union
Money Transfer. The Bank’s wealth of experience and operation in over 750
locations nationwide gives it the edge in the market.
Only recently, the Bank launched the First Global Transfer
(FGT) product to promote international transfer of funds across its
subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include
FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank
Sierra-Leone, FBNBank Senegal.
0 comments:
Post a Comment