Foremost
African financial institution, Guaranty Trust Bank plc has reaffirmed its
position as a leading provider of e-payment solutions with the introduction of
a new service that allows customers receive Western Union funds directly into
their GTBank account via any of the Bank’s Automated Teller Machines (“ATMs”)
in Nigeria. The service is also available on the Bank’s Internet Banking
platform (www.gtbank.com).
The
introduction of this service coincides with a time when the need to move money
quickly, reliably and much more conveniently across international borders has
risen rapidly. This has necessitated an increased demand for digital solutions
to aid payments, transfers, and remittances. As a Bank renowned for innovative
solutions, GTBank takes pride in leveraging technology to make life better for
its customers by creating value oriented products suited to their varied needs.
To
receive Western Union funds via any GTBank ATM nationwide, customers simply
need to press any key on the ATM; click the Western Union option; agree to terms
and conditions; select account type; select the country where the funds were
sent from (sending country); and where country is not available, enter the
sending country code / ISO Code; enter the expected amount in Naira; enter the
GTBank NUBAN account of the receiving party; and enter the 10-digit Money
Transfer Control Number (“MTCN”). Upon confirmation of the transaction, the
transfer amount will be credited into the receiving GTBank account. This
service does not require a GTBank debit or credit card, or a security token
device.
GTBank
has consistently played a leading role in Africa’s banking industry. The GTBank
brand is regarded by industry watchers as one of the best run financial
institutions across its subsidiary countries and serves as a role model within
the financial service industry due to its bias for world class corporate
governance standards, excellent service quality and innovation. The Bank
operates from over 230 branches within the country and has banking subsidiaries
in Kenya, Rwanda, Uganda, Cote D’Ivoire, Gambia, Ghana, Liberia, Sierra Leone
and the United Kingdom.
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