Sterling Bank Partners with Thunes for Free Diaspora Remittances

Sterling Bank collaborates with Thunes to provide a new service allowing Nigerian diaspora in the UK and Europe to instantly fund their Naira accounts at home with no extra charges. The partnership ensures seamless cross-border payments in GBP, EUR, and other currencies, setting a new standard for diaspora banking experiences.

This move comes amidst growing competition in Nigeria's remittance and cross-border payment market, with fintech companies like Moniepoint and Flutterwave expanding their global transfer services.