Access Bank commences dollar payment for fund transfers

Access Bank Plc has commenced nationwide payout of dollars to beneficiaries of international remittances, in response to the recent policy change by the Central Bank Nigeria (CBN).

The CBN had directed that recipients of international remittances can now receive their funds in cash in dollars or to have funds paid directly into their domiciliary accounts.

Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu, said the nationwide dollar payment was part of the bank’s promise to create value and meet the needs of its customers.

“We are happy to announce that our customers can now receive funds sent from the Diaspora in dollars at any of our branches nationwide. The funds will be available as cash pick-up or direct transfer into customers’ domiciliary accounts,” Etuokwu said.

He noted that Access Bank’s promise to deliver “more than banking” services is even more critical at this time as customers are looking for convenient products and services that facilitate their lifestyle adding that the bank’s remittance services are available to both customers and non-customers of the bank.

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