Posted on by Chad F.

Nigeria is a country that has grown in terms of popularity all over the world simply because of its notable landmarks and wildlife reserves. Apart from these gifts of nature, the country also prides itself of being Africa’s Giant, owing to the fact that it has a very large population and at the same time a prospering economy. Nonetheless, many Nigerians sought better experiences in the United States to improve their lives and those of their loved ones.

If you belong to that portion of the population who have gone to the US to seek greener pasture, you must be asking yourself how you can send money online to your loved ones in Nigeria.  As Sharemoney endeavors to expand its business to many different countries all over the world, we also seek the best partners that will help facilitate your money remittances. In Nigeria, for instance, we have partnered with one of the major banks in the country, Guaranty Trust Bank, to facilitate your money transfers. Learn how you can send money to your loved ones through this bank now!

About Guaranty Trust Bank

Guaranty Trust Bank is one of the most established banks in Nigeria. Employing more than 10,000 people, its asset base has increased to approximately 2.70 Trillion Naira with funds amounting to over 430 Billion Naira from its shareholders. Since its inception in 1990, it did its best to be one of the most innovative banks offering professional services to its consumers and guided by the code of ethics for banks in the country.

Bank Swift Code: GTBINGLA

Sharemoney and Your Money Transfer Service Options to Nigeria

Sharemoney has partnered with different banks in order to make money transfer services more convenient for you and your loved ones in Nigeria. Among the list of banks we have worked with apart from Guaranty Trust Bank are Citibank Nigeria, Access Bank, Diamond Bank and Enterprise Bank.

Starting Your Money Transfers with Us

All you need to do is register a free account with us. You need to provide a few important details in the process to help facilitate not just your current transaction but future ones as well. It may take a few days to process your transaction if it is your first time to send money remittance to Nigeria. This is because of the one-time verification that we need in order to check on all the information that you have keyed in during the registration process. Future transactions will no longer take this long. In fact, some experienced receiving their remittances in a matter of minutes depending on the time of the day or the day of the week within which the money is sent.

Make Sure You Have Sorted Out the Funding Option

One thing we require is for you to have either a bank account or a debit card or a credit card to fund the transfer. We usually verify your bank account before you can use it to send money to your loved ones abroad. This can add up to the waiting time for the transfer. If you do not want to wait that long you can use your debit card or credit card instead. Take note, however, that an additional fee may be charged by your credit card company if you opt to use it for funding purposes. When choosing any from these funding options, consider not just to the amount you are sending but to the fees needed to facilitate the transfer.

After you have completed the transaction, notify your loved ones that you have used our services to send money to Nigeria via our partner banks like the Guaranty Trust Bank account. Tell them that the fee of $3.99 have already been deducted once you have coursed your transfer through us. This means they will receive the full amount of money you have sent converted to Naira!

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