Ecobank Nigeria has announced that from July to October, it will join the rest of the country in celebrating Nigerians in the diaspora by offering free transactions on its proprietary money transfer app, Rapid transfer.
The bank said in a statement on Wednesday that this was in honour of this year’s National Diaspora Day.
According to the statement, the Federal Government has designated July 25 as National Diaspora Day each year to honour the contributions of Nigerians living abroad to the development of their motherland.
In a commemorative message, Patrick Akinwuntan, Managing Director of Ecobank Nigeria, stated that Nigerians in the diaspora have made significant contributions to the country’s socio-economic development.
Akinwuntan applauded the Federal Government’s decision to designate a special day each year as National Diaspora Day, noting that the government’s recent launch of a national diaspora policy would further promote and harness the resources and capacity of Nigerians in the diaspora towards national development.
He said, “As a pan-African institution positioned to foster the economic growth and integration of our continent, we are particularly pleased to work closely with NiDCOM, ably led by the Chairman/Chief Executive Officer, Hon Abike Dabiri-Orewa, towards the engagement of Nigerians in the diaspora on policies, projects and other initiatives geared at developing the nation.
From our constant engagement with Nigerians in the diaspora, we understand their peculiar needs and have created tailor-made solutions to serve them effectively.
He stated that Ecobank had collaborated with NiDCOM on webinars and diaspora quarterly lecture series; and that the bank would continue to look for other collaboration opportunities to deepen engagement with the diaspora community.
Ecobank Nigeria’s Head of Consumer Banking, Korede Demola-Adeniyi, stated, “Ecobank will apply zero fees to all Rapid transfer transactions from July 1 until the end of October 2021, thereby enabling Nigerians living abroad to send money to their loved ones affordably”.
According to her, the bank’s decision to eliminate fees demonstrates the bank’s commitment to assisting Nigerians living overseas remit money home without incurring additional fees, particularly during this period of a global economic slump.