BusinessFirst Bank Promotes Cross Border Payments In Sub-Saharan Africa with First Global...

First Bank Promotes Cross Border Payments In Sub-Saharan Africa with First Global Transfer

GTBCO FOOD DRINL

BEVERLY HILLS, March 15, (THEWILL) – First Bank of Nigeria Limited has announced the launch of First Global Transfer (FGT) to promote the international transfer of funds across its subsidiaries in sub-Saharan Africa.

The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal.

The bank in a statement by its Group Head, Marketing and Corporate Communications, Folake Ani-Mumuney, said “The First Global Transfer (FGT) initiative is designed to ensure safe, timely and improved efficiency in the transfer of funds across the network of FirstBank subsidiaries in Africa. The FGT is not restricted to First Bank and FBNBank Customers alone. It is also open to every individual resident in the country the fund’s transfer is originating from.”

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The statement further urged intending users of the initiative to visit any of the “Bank’s branches in Nigeria or subsidiaries in Africa; which are: FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, or FBNBank Senegal to enjoy the service.”

It added that individuals and customers in Sierra-Leone can walk into any FBNBank branch to send money to customers in Nigeria; as well as FBNBank customers in Gambia, Ghana, DR Congo, Senegal or Guinea.

Speaking on the initiative, Dr. Adesola Adeduntan, CEO, FirstBank said; “Today’s customer is influenced by the technological advances shaping businesses across various industries. And our First Global Transfer (FGT) initiative is one of those advancements we created to impact every individual in our host community in Africa; whilst promoting the ease and swift transfer of money from one country to another for business or personal activities.”

“With the launch of African Continental Free Trade Area (AfCFTA) on 1 January 2021, the First Global Transfer (FGT) is indeed very timely; as it will play an essential role in stimulating business activities across borders. This will thereby impact the growth and development of the continent.”

“I enjoin everyone to visit any one of our branches nearest to you in Nigeria or our subsidiaries in Africa and send money to your loved ones or business partners with FirstBank or FBNBank account(s)”, he added.

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