If you are looking for a reliable financial organization to get international money order in Nigeria or government approved international money transfer agents, this article was written to show you where and how you can get all your transactions involving international transfer done.
In Nigeria, many financial organizations collaborate with these third-party worldwide money transfer service firms to offer you a seamless way to send your money orders from Nigeria or receive from other countries. For instance, UBA, GTB, Access, First Bank and others are some of the reliable banks that provide such services in Nigeria as partner banks of these third-party companies.
Financial institutions that provide international money orders in Nigeria
Below is the list of financial institutions in Nigeria for international money order;
1. First Bank – Western Union
As the pioneering Nigerian bank, First bank has been here for a very long time and it remains a trusted bank in the hearts of many Nigerians. For its trustworthiness, the bank serves as the arrowhead agent of Western Union in Nigeria. The interesting thing about doing international money order with the bank is that you must not have a bank account with the bank, as that will not be needed. To place an order, all you need to do is to visit any first bank with the account details of the receiver and the location.
2. United Bank of Africa – MoneyGram
You can call UBA the lord of MoneyGram in Nigeria and you will net be wrong. UBA provides MoneyGram services in Nigeria. With this bank, you can make inbound transfers from one bank to another. If you want to send money via MoneyGram, walk into any of their branches and get a form, fill in the required details and you will have it processed.
3. GTB, Access, Zenith Banks – Domiciliary Account
To do international money order, you can open a domiciliary account with any of the listed banks with a minimum of $100 dollars for the dollar account. You can also go for other foreign currencies like Euros, GBP, and Yen, etc. The domiciliary account helps you send and receive money from abroad. It may interest you to know that these banks process transactions within 48-72 hours.
What are the features of a domiciliary account transfer form?
- Receiver’s account name.
- Receiver’s account number.
- Bank’s swift code.
- Bank’s name and branch.
- Routing number.
- Amount to be sent.
- Your bank information (Name & Account Number).
Source: Nyscinfo