Most Nigerians have loved ones who live abroad. They often have need to send money back home, whether to take care of the school fees of their siblings back home, ensure the care and support for their aging parents or invest in a real estate project back home in Nigeria.
There are numerous ways of remitting money back home but the one way that appears the best option is by e-money transfer. In Nigeria there are a few money transfer options, chief of which are Western Union and MoneyGram. Why receive cash through e-money transfer?
- It is the fastest way to receive money from overseas. E-money transfer transactions take place in real time within seconds. Standard forms of money transfer take four – six days.
- It is easy to arrange. All that is required in Nigeria is valid means of identification.
- It is good for small payments. No matter how small the cash, it can be received by e-money transfer
- It can be sent from anywhere in the world. Western Union and MoneyGram have offices in over 400,000 locations all over the world.
- It is secure. Apart from one’s valid identification, there are other controls such that only the sender and recipient can successfully have access to remitted payments.
Another advantage is that you can win trip a 3-day All-Expense-Paid trip to Kenya for receiving cash by e-money transfer in Nigeria.
All you need to do is receive your MoneyGram or Western Union transfer at any UBA business office and you could be 1 of the 10 lucky people to win an all-expense- paid Safari holiday. #UBAAWOOF