FirstBank, in collaboration with Ria Money Transfer, offers a seamless solution for individuals seeking to receive money from abroad. Whether you prefer the convenience of direct deposits into your account or the flexibility of cash pickup at designated branches, this partnership ensures accessibility and ease in handling international transactions. It’s important to note that online transfers are currently limited to the US corridor, providing a streamlined process for recipients within this region. However, outbound services are available at specific locations, catering to diverse needs across different geographical areas.
For recipients, the process is further simplified by the automatic creation of a tier 1 domiciliary account alongside their existing Naira account. This integration facilitates efficient management of international funds while maintaining the convenience of local banking services. By offering this complementary service, FirstBank aims to enhance financial accessibility and empower individuals to seamlessly manage their cross-border transactions. Whether you’re receiving funds for personal reasons, business transactions, or other financial needs, this partnership ensures a reliable and efficient channel for incoming international remittances.
In summary, FirstBank’s collaboration with Ria Money Transfer streamlines the process of receiving money from abroad, offering both account deposits and cash pickup options. While online transfers are currently limited to the US corridor, outbound services are available at selected locations. The automatic creation of tier 1 domiciliary accounts further enhances the convenience for recipients, facilitating the efficient management of international funds alongside their Naira accounts. With this partnership, FirstBank reaffirms its commitment to providing accessible and efficient financial solutions for its customers’ diverse needs.
(Response: Yes, with Ria Money Transfer, FirstBank can receive money from abroad.)