BY RITA OBODOECHINA

Ecobank Nigeria has entered into a strategic partnership with MoneyGram International on fund remittances to Nigerian customers, for business associates among others.

According to the bank, the partnership will enable them offer money transfer services through the MoneyGram platform.

The bank also said that it will gives customers and non-customers of the bank the opportunity to send and receive money through MoneyGram global network in any of the over 600 branches of Ecobank spread across Nigeria.

MoneyGram offers transfer services worldwide through a global network of more than 267,000 agent locations – including retailers, international post offices and financial institutions in over 192 countries and territories around the world.

Commenting on the partnership, the Managing Director of Ecobank Nigeria,Mr.Jibril Aku, who was  represented by the Bank’s Executive Director Domestic Bank, Mr.  Kingsley Aigbokhaevbo, said, “MoneyGram is a market leader in the money transfer market in Nigeria; the service can be accessed in over 3,500 locations around the federation.

“Ecobank is excited about the partnership as it gives the bank an additional window to service the money transfer needs of its customers.” He noted that it is a right-fit partnership between two quality brands that will deliver world class value to customers.

According to Aku, Ecobank is better positioned to offer financial services to Africans wherever they might be, adding that the bank is determined to go into partnerships like this, to enable it achieve its cardinal goal of financially empowering the people.

He stated further, “We are present in more African countries than any other bank in the world and by implication reaching out to more Africans, no matter their location”.

“The partnership with MoneyGram, no doubt, will strengthen our resolve to serve the people better”.

The Vice President for Africa, MoneyGram, Mr. Herve Chormel, also  noted that MoneyGram is very proud that this partnership is going live today.”

“Once more, we bring on-board a quality partner to our network in Nigeria, and continue with our mission to provide the best value in the funds remittance business to the Nigerian customers.