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.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Sterling Bank Eliminates Account Maintenance Fees for Nigerians
Sterling Bank Scraps Account Maintenance Charges as Independence Day Gift
Sterling Bank of Nigeria Removes Account Maintenance Fees as Independence Day Gift
Nigerians to Enjoy Zero Fees on Instant Transfers as NIBSS Drives Digital Economy
Sterling Bank Achieves Zero Downtime Milestone with SeaBaas System
Western Union to Launch Dollar-Backed Crypto for Nigerians, Revolutionizing Remittances
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
