Union Bank of Nigeria – One of the leading financial institutions in Sub-Saharan Africa with total assets of over N1.3 trillion (June 2017). Thanks brother. It's fast and easy! The Western Union Online Service is offered by Western Union International Bank GmbH in conjunction with Western Union International Limited. So you should not get yourself confused with the different exchange rates. A recipient has to know the Test Question and answer for the transaction. Unity Bank Plc. In addition, sending more than $10,000, or the equivalent amount in Naira, the Nigerian currency, will be reported to the Central Bank of Nigeria. And money gram is a problem too. The Western Union Online Service is offered by Western Union International Bank GmbH in conjunction with Western Union International Limited. I didn’t know. A maximum send limit of 1,000USD Naira equivalent per customer per quarter, as stipulated by the Central Bank of Nigeria. Union Bank of Nigeria; Other than its remarkable presence on this exclusive list, Union Bank features among the oldest Nigerian banks. Some Amount of Money was sent to me From abroad, how do I withdraw the cash using Western Union and what are the documents I need to receive Western Union money from Nigeria? To send money through Western Union to loved ones outside Nigeria, you do not need to open an account with the bank. Use Western Union to send money online or in person to friends and family around the world to more than 200 countries and territories from Spain. Union Bank Plc 1A, Old Ojo Road, Maza-Maza, Lagos State, Nigeria. The location of the receiver 2. You can pick up money at any participating Agent location in the city selected by the Sender anywhere. Nigeria: $13: $49: $5: $30: Germany: $26: $81: $5: $40: Singapore: $26: $81: $0: $15: UK: $26: $81: $2.99: $12: Western Union exchange rates. Guaranty Trust Bank Plc: Lagos: 4 Commercial Avenue Doyin House Opp. Historically, Union Bank is believed to have stemmed from Barclays Bank established in 1917. +234 1- 2712005-7, +234 1-2802500, 07003000000, 01-2273000 “Western Union is becoming a problem and we are working to bring sanity into it because some banks are using it to defraud Nigerians. Before I go into the steps, let us look at the requirements for such transfers. According to him, Western Union is becoming a problem and we are working to bring sanity into it because some banks are using it to defraud Nigerians. Western Union and Access Bank have developed an exciting new service called Account Based Money Transfer (ABMT) which allows customer to receive funds directly into their Access Bank account via the Bank’s Internet banking platform. Union Bank is fully owned by Nigerian citizens and organizations all within the private sector. UpVote Reply 15 Upvotes. Ade Bajomo becomes President of FinTechNGR explains Technology and Innovation will drive Nigeria’s Banking Sector... Access Bank Reiterates Commitment to Service Excellence, Access Bank becomes first Sustainability Certified African Commercial Bank. The bank started as a full-service commercial bank that caters to the retail and commercial needs of individuals, small and medium sized companies, and major corporations. © 2021 Western Union Holdings, Inc. All Rights Reserved. Sender must have a Access Bank account or be identified by an account holder, Test Question and Answer where applicable. Find Agent / Western Union / Nigeria / Lagos. Western Union . Western Union Rates In Nigeria – January 2021 by Techorg updated January 3, 2021, 9:00 am This post is updated daily with the accurate figure on Western Union Money Transfer receiving and sending rates from Dollar to Naira, Pounds to Naira and Euro to Naira. Deposit in a bank account or pick up in cash. Stay Informed with what we have been up to! Receive money transfers the Western Union way. 1, AFESS Road, Alaba, Lagos State, Nigeria. Their system is based on local bank account transfers, which makes them much cheaper compared to other providers and banks. That’s it. Visit any Access Bank Branch. It was then first called Colonial bank. This is what I shall attempt in this article. Wema Bank Plc. To talk to us about how we could support your business, please call us on: Nigerian International Passport/Foreign Passport. Create your Western Union profile to send money online. They have commercial banking license with international authorization. Send money around the world, SunTrust Bank Nigeria Limited. Take the advantage now! All you need do is to identify a bank that has Western Union Money Transfer logo on their branch or website and simply walk in. Western Union Nigeria: Western Union is a simple way of sending money that has been in existence for over 150 years. Visit the post for more. Find locations . Western Union International Bank GmbH, trading as Western Union International Bank is licensed by the Financial Markets Authority (Österreichische Finanzmarktaufsicht) in Austria. Covid 19 update: Send money 24/7 without leaving home, from our app or WU.com. The receiver’s name, address and phone numbers, Sender’s name and country (city to be included for transfers coming from the US and Mexico). This is a list of commercial banks with Regional Authorization in Nigeria, arranged alphabetically: Globus Bank Limited. Western Union and MoneyGram were expensive and painful to use. Whistle blowing; Careers; There will be a scheduled upgrade on this platform … estimate fees, You may also click here for how to send money via Western Union. However, the company does not allow customers in Nigeria to transfer money abroad, so wire transfers can only be sent within the country. Send money online or in person from an agent location to over 200 countries and territories. This is how to receive money from Western Union in Nigeria. The presence of Western Union Gold Card at the client greatly simplifies the process of further processing of money transfers of and reduces the operation time for the sending of money, as the "Gold Card" is a carrier of the personal information about the client. United Bank for Africa: Their head office is located at 57 Marina, Lagos. Send money online to 200 countries and territories with hundreds of thousands of Western Union agent locations. Save on transfer fees with the My WU® program. Send money online or in person from Luxembourg with Western Union - pay with cash or a bank transfer and select the way your receiver will get the money. Find out the status of your money transfer. If you receive more than $10,000 (or the equivalent in Naira), your transaction has to be reported to Central Bank of Nigeria. Union Bank Plc 62, Adesina Street Surulere, Lagos Lagos State University Teaching Hospital, Mushin, Lagos … Track a transfer. October 18, 2013 at 1:41 PM. Vera Ezimora says. Welcome; Leadership; Media; Bank With Us . Performance: Information in these cookies enable tracking page performance, feature improvement and beta testing. Access/GE Healthcare Equipment Finance scheme, Access Bank Recognized as the 'Best Digital Bank In Africa' 2020, Access Bank Reiterates Commitment to Technological Innovation with Sponsorship of Nigerian Fintech Week 2020. Transactional: These cookies enable account sign in/sign out, fraud detection and prevention as well as web stability. Today with over 500,000 Agent locations worldwide in over 200 countries and territories, millions of people trust Western Union to send and receive money worldwide. United Bank for Africa (UBA) – One of Africa’s leading financial institutions offering universal banking services through a network of over 700 branches and 1,740 ATMs in 19 African markets. Western Union money transfer is an electronic funds transfer service that enables people send & receive money from over 250 countries and Western Union Agent locations around the World and receive them in over 300 Access Bank branches nation-wide. track transfers. agent location opening times First Bank of Nigeria Limited; About Us. Do you know you can receive or send money directly from your account abroad with our western union money transfer? You can check latest ABSTRACT Commercial banks in Nigeria have been facing a of problem. Titan Trust Bank Limited. Union Bank Plc 50, Docemo Street, Obun Eko, Idumota, Lagos State, Nigeria. Re: How Do I Receive Money Via Western Union Money Transfer/moneygram by Sharingan : 1:32am On Nov 18 , 2013 Personal; Business; Private Banking; Contact Us. This is a list of non-interest banks in … The basic requirements are: 1. Roslyn O . Marketing: These are linked to services provided by both Western Union and third parties that use surveys, marketing requests and “Like” and “Share” buttons from social network sites. Learn more about sending money. Find an agent. Home        Personal Banking        MONEY TRANSFER        Western Union. Western Union Lagos. All these banks issued cards are acceptable for Western Union online transaction pick up to your debit or credit card. Currently, the bank has broadened its ambit through numerous Nigerian branches and its total assets are valued in excess of ₦6.8 million. Western Union has more than 2,700 agents in Nigeria. List of countries using Western Union money transfers Western Union offers its international money transfer services to over 200 countries in the world. Union Bank of Nigeria Plc was established in 1917. Download Wave app. It operates more than 300 branches nationwide. Thanks for telling me. Moneygram, Western Union or any other one, no one will pay out in forex . Before you leave this page, it is also important for you to note that the Western Union exchange rates, CBN exchange rates, and that of the parallel market (or black market) have different values from that of the Nigerian banks exchange rate today. Find the list of banks here! Western Union International Bank GmbH, trading as Western Union International Bank is licensed by the Financial Markets Authority (Österreichische Finanzmarktaufsicht) in Austria. Yes you can! Customers and non-customers can pick-up cash in US Dollars at any of our branches or have deposited directly into their domiciliary account upon receipt of foreign currency. Providus Bank Limited. Cookies allow us to operate our website/app efficiently and provide you with a better browsing experience. Branches & Locations: Click here for Phone #s and Business hours. 9. Western Union money transfer is an electronic funds transfer service that enables people send & receive money from over 250 countries and Western Union Agent locations around the World and receive them in over 300 Access Bank branches nation-wide. here. Vera, it’s not a Western Union policy per say. Their head office is located at Stallion Plaza, 36 Marina, Lagos. Send and receive money worldwide from Nigeria. ... Is there any company that transfers money from the us to Nigeria without problems western union said sending money to Nigeria is a scam and don't do it. They have commercial banking license with international authorization. It’s actually a directive from the Central Bank of Nigeria to all banks to henceforth pay only in Naira at the current exchange rate, and not any foreign currency. Test Question and Answer where applicable. With two convenient ways to receive money – in bank accounts or in cash – we make sending money transfers fast and reliable for both sender and receiver. Western Union made so that the time in all of American civil services was the same. You had to find a store to fill the form and hand your money over. Today with over 500,000 Agent locations worldwide in over 200 countries and territories, millions of people trust Western Union to send and receive money worldwide. Search for a WU agent location near you. Go to the bank and ask them required info needed to receive Western Union. Cookies are small text files placed on your device by an app, website or email that you open. To pick up cash at any of our branches, the customer must carry any of the below valid means of identification: Send email to contactcenter@accessbankplc.com When you’re calculating the costs of a transfer on the Western Union website, you’ll find the following disclaimer in the footnotes: “Western Union also makes money from currency exchange. Union Bank of Nigeria: The bank is owned by Union Global Partners Limited. Funds can be received as cash or directly into account. May also Click here for Phone # s and Business hours or credit.... City selected by the Sender anywhere the Private sector form and hand your money over in a Bank or. An agent location opening times here has been in existence for over 150 years in forex Nigeria other! Improvement and beta testing # s and Business hours than its remarkable presence on this exclusive list, Bank! Its International money transfer services to over 200 countries and territories app, website or email that open. 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