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Author: Anoop Yersong

MONEY TRANSFER TO NIGERIA FROM RHODE ISLAND

Rhode Island is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated,…

Rhode Island is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. The community of Nigerians in Rhode Island try to increase the economic condition of their country by sending a part of their earnings every year. Along with this, the businessmen in Nigeria also invest in Nigeria due to their good oil production and low labor costs.  Nigerians living in the state can transfer money from Rhode Island to Nigeria through various methods. People who need to make money transfer to Nigeria can read below to find out in detail.

Money transfer to Nigeria through mobile

This online mode of the transaction can be done from your mobile, and it is not that complicated. The transfer of money is a common activity. This money transfer is one of the major income sources in the Nigerian economy. And most of them are done nowadays through online money transfer method that can be accessed now through mobile phones. The rates for transferring money is also not very high. These types of mobile transfer allow people to transfer money at a low price and flexibility to access the website at any time.

Through FAZRemit

It is a digital platform which is licensed as a money transmitter by the New York State Department of financial services. There are many benefits of using this platform. It charges less fee when compared to other options. It also takes less amount of time to complete the transaction. Nigeria has recently crossed the $25 billion mark in remittance inflows as stated in the report – Nigeria Economic Outlook, which means a large amount of money is transferred every year to Nigeria from the US. Using FAZRemit, people can perform money transfer to Nigeria anytime they want. The steps to be followed are quite simple for sending money to Nigeria through FAZRemit. You have to sign up for using this service.  FAZRemit gives extra protection to your money. This can be the best option for people from Rhode Island to send money Nigeria.

Precautions to be taken to send money to Nigeria

Even though sending money through online portals has become a common process there are still certain risk factors involved in this process. One of the most important risk factors is to send money Nigeria through online websites may sometimes result in online fraud activities.  These websites attract people with exciting offers and steal their money in the end without making the transfer. Nowadays the online transaction websites are also made legal by the government so before choosing a website it is essential to check their authenticity and popularity. Do not let one fraudulent website restrict you from money transfer. With a proper source and website, people can transfer money securely.

People can choose some websites like FAZRemit to perform money transfer from the United States to Nigeria, Ghana, and Kenya. So stop worrying about losing money and transfer immediately to your loved ones through this technique.

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MONEY TRANSFER TO NIGERIA FROM PENNSYLVANIA

Pennsylvania is a northeastern state in the United States. The state is well known for its business activities and they involve investments in many countries including Nigeria. The state also…

Pennsylvania is a northeastern state in the United States. The state is well known for its business activities and they involve investments in many countries including Nigeria. The state also houses Nigerians who work and send their money to their country for economic development and personal requirements by their families. The survey taken in 2016 estimates to 380,785 Nigerians living in the USA. They are widespread across the country including Pennsylvania. The country of Nigeria depends upon the money these people send for their economic development and other basic requirements. This is the main source of income for the country. There are various ways for money transfer to Nigeria. Some are following.

THROUGH ONLINE TRANSFER

If you are living in Pennsylvania and you have to send money to Nigeria, then an online transfer is one of the fastest ways to transfer money to Nigeria. You just need to go through some simple steps, and your money will be sent there. Fill the account details in which you have to transfer money, then fill the account holder name, then fill the amount to be transferred in the receiver account. Just this effort and your money will be transferred successfully. This is one the best way to save your time in sending money anywhere. So using this method from people from anywhere in the United States, send money to Nigeria. Many of us are using this option because of the advantages of instant delivery, low cost, and safety.

Through banking

If you are away from technology, then this might be the best option for you to money transfer to Nigeria. It is one of the oldest methods, to send money anywhere. Almost all banks nowadays perform these transactions. It takes 1 to 5 days on average to transfer your money anywhere. It may take more days but it the most trustable way for money-related topics. You have to go through some simple steps to send your money. Just fill the account details in which money is to be transferred, fill the account holder details in an appropriate place, fill the amount to be sent. These simple steps and your money will be transferred at no charges.

Money transfer to Nigeria through MTO’s

There is one more final option available to send your money. This is a more time-consuming method It might take 6 to 7 working days or even more to complete the process. You can send the money anywhere and without any transaction. You just need to contact the courier official for the procedure. They will tell you what to do to complete the process. Using this option, from Pennsylvania, united states, send money Nigeria.

These are the various ways through which we can transfer money to Nigeria. The options are wide. The option chosen for money transfer depends on the availability of a resource. Money transfer is now not a big deal. So, analyze the option and choose the best method that suits your needs.

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Money Transfer to Nigeria From Ohio, USA

Ohio is the 7th largest state in the United States in terms of population. The state is home to 11.5 million people with almost 16.4% being of African origins. Though…

Ohio is the 7th largest state in the United States in terms of population. The state is home to 11.5 million people with almost 16.4% being of African origins. Though it is a predominantly white state, there are African Americans spread out in all parts of the state. Ohio’s African immigrants are growing in size, diversity, and impact.

With a remittance outflow of $7.2 billion in the last year, Nigerian Americans are a vital catalyst to Nigeria’s growth. The diaspora in America helps in the economic and social growth of their home country with remittances. This corridor of international money transfer is of vital importance but has seen little help from Financial Institutions. Banks and IMTOs which dominate this corridor do not offer value to the diaspora who use their services.

The internet revolution in Nigeria has brought on a new competitor in this space. Platforms like FAZRemit value their customers and offer them a bang for their buck.

Money transfers to Nigeria Undermined and taken Advantage of

Banks

Banks are the oldest financial firms to offer international money transfers to Nigerian Americans. They provided services which took 2-3 weeks to remit to the benefactor’s accounts.

They charge a processing fee tied to the fluctuating foreign exchange rates. These foreign exchange rates are never a value-adder to send money to Nigeria from the United States. De-Risking laws in Nigeria leave African Americans with no other choice for money transfer to Nigeria from Ohio.

IMTOs

International Money Transfer Operators (IMTOs) act like banks but are not banks. They provide branch-to-branch money transfer services to its customers. These faster services often took advantage of the lack of competition in the US-Nigeria corridor. The prime example being the 7-10% processing fee they charge for a 2-day remittance. They are faster than banks, but not the fastest. And they are not in any way the most affordable. In fact, many users claim they are as expensive or more than the banks themselves. All this while the customers themselves have no access to the workings of the service.

Online Platforms

Online platforms for money transfer to Nigeria from the US, like FAZRemit,  changed the demographic for the better. FAZRemit assures its customers fast, affordable and safe remittances to Nigeria. The customer-oriented services give the users access to all the details concerning the transactions. The transfers themselves take place in an instant through online mediums. This is an emerging market where the new player is standing up to the Big-guns. They are in fact providing more value to the customer.

FAZRemit Helps to Improve Money Transfers to Nigeria

FAZRemit is the industry frontrunner in the online money transfer services from the United States to Nigeria. They ensure a fast, safe and affordable medium for thousands of Nigerian Americans to send money to their loved ones.

Registering with FAZRemit is simple and easy to do from Ohio online. The user interface enables the user to have access to their account details and transaction details. It is completely customer centric and easy to use.

FAZRemit checks KYC documents of the starting and termination points. This is to safeguard the customers and their money. This level of security weeds out illicit activities from ever entering the platform. 24/7 customer service and prompt response help the customer at every step.

FAZRemit’s services have no match in the online transfer market in terms of value. They charge the lowest processing fee among all other service providers. The fee amounts to 1.7% of the total remittance amount is the lowest in this corridor. This is helping thousands of Nigerian Americans to send money to Nigeria without second thoughts.

Read: Choice of a faster safer and affordable Money Transfer Service

The importance of remittance for the Nigerian economy can never be overstated. With remittances forming almost 6% of the nation’s GDP, FAZRemit is giving the nation a new lifeline.

Become a user of FAZRemit today to send money to Nigeria from Ohio, United States. A future of prosperity awaits for your loved ones and the Nigerian Economy.

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Know All About ‘The Abacha Loot’

There is breaking news of law enforcement in New Jersey USA seizing stolen Nigerian money. The actual worth of loot hidden in the tax haven of Channel Islands is close…

There is breaking news of law enforcement in New Jersey USA seizing stolen Nigerian money. The actual worth of loot hidden in the tax haven of Channel Islands is close to $267 million. Estimations show it is a fraction of the ‘Abacha loot’ worth around $4 to $5 billion.

In a time when Nigeria faces various threats on economic and social fronts, this is a windfall. But what are the facts concerning this and why do the migrants have to keep a lookout?

Sani Abacha and the Abacha loot

Sani Abacha was a Nigerian army officer who died of a heart attack in 1998. He was the first of his country to become a full star general without skipping a level. They revere him in the North and scorn at him in the South.

Sani Abacha was also a dictator who seized the power of the country during its democratic transition in 1993. Credits for economic reforms during his 5-year reign angelize him. Yet allegations of money laundering, which appeared after his death seem to be truer.

The former military dictator looted the country out of $3-5 billion between 1993 and 1998. This was during the time when Nigeria was having exponential growth as an oil producing country. He and his son allegedly laundered money through the purchase of bonds backed by the United States. We all know this stash of foreign loot as the “Abacha Loot”.

How is it Not in Nigerian control yet?

Nigeria is reported to have lost  $400 billion to corruption from 1960 to 1999. According to a press report authorities in Jersey have seized more than $267 million from associates of the late leader. This is not counting $550 million that the US authorities have in frozen accounts, pending clearance.

This money transfer from USA to Nigeria is not as easy as it is on FAZRemit. The challenges include an uncooperative attitude of the countries in possession of the loot and strict conditions. The United States and Switzerland have the largest amounts of the loot, yet both attach this loot with strict laws.

The US legislative laws need to have verification showing the money as illegally laundered. They also need strict confirmations of its future safety and accounts of its use for the good of Nigeria. Many fear these same regulations will lead to another loss of the Abacha Loot. Just as Nigeria gave up $480 million of the loot in 2014, they stand to lose this too.

What is at stake?

Any money that a country loses causes its depreciation in the world economy. Especially illegally looted money, or Black money, causes a nation’s economy to be badly affected. Foreign exchange rates against the country become bad and inflation rises. These foreign exchange rates affect any migrant who looks to send money to Nigeria or to their families.

Many are pleading the diaspora to join up in getting these stolen funds back to Nigeria. This returned money could wipe off the major problems of economic instability, food insecurity, and even child labor. Money transfers to Nigeria will get greater value. It will help stabilize the Nigerian households and provide for better futures.

With Services like FAZRemit leading the way of fast, affordable transactions, the value of remittances has never been higher. A better Foreign exchange and all-round growth of the country will only increase it more.

Read: Nigerian families need immigrants to send remittances more than ever

FAZRemit and its Services

FAZRemit is a service that helps migrants in online money transfer from the USA to Nigeria.

While the Abacha loot took years of work to find, a click of a button registers you on FAZRemit. Registering allows the user to send $2499 to their loved ones, instantly.

Unlike the years of legality that takes the Abacha loot to reach the country, remittances through FAZremit get done instantly.

The KYC checks during registration provide the user and their money with security. No illicit activity of money laundering would have gone on with FAZRemit.

While the Abacha loot increases the cost of sending money to Nigeria, FAZremit offers the opposite. We assure the lowest processing fee in the market for money transfers from US to Nigeria.

Maybe, Abacha should have used his loot for the good of Nigeria, just ask FAZRemit’s customer-centric services. But then again, he was a dictator, and we are the Nigerian remitters’ best friend.

Send money to Nigeria, and those who need it most, instead of looting it all up! Join FAZRemit today.

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Money Transfer to Nigeria From North Carolina

Nigerian diasporas play a major role in the growth of their home country through remittance money. They remitted $34.5 billion in 2018 into their home country and their loved ones…

Nigerian diasporas play a major role in the growth of their home country through remittance money. They remitted $34.5 billion in 2018 into their home country and their loved ones making up 6.1% of the GDP. With a $7.2 billion inflow from the United States alone, the diaspora is a major component of the remittance machine.

North Carolina, like most states in the US, has seen an increase in the African American population since the 1990s. Today, African Americans make up 11.2% of the total 10 million population in the state. Of that percentage, Nigerian Americans make up most of the ethnic population in the state.

Money transfer to Nigeria has been a major talking point in recent times. The predominant platforms of banks and IMTOs do not offer the diaspora any value for their remittances anymore. The importance of an easily accessible remittance corridor to send money to Nigeria from the US is on the rise. And this has led to the entry of online automated service platforms like FAZRemit. What made online platforms spring up in the first place?

Do You Want ‘A’ or ‘A+’?

Banks

The oldest of the money transfer firms, all governments recognize them as financial institutions of trust and security. They offer services to their customers with a lot of drawbacks because of no competition in the space. Money Transfer to Nigeria through banks is slow. They take anywhere from 2 to 3 weeks to remit money to a Nigerian bank account. The processing fee involving the foreign exchange rates is high for Nigeria, which is an African country. The fluctuating fee also gives the diaspora a headache while sending money to Nigeria each time.

IMTOs or Banks 2.0

International Money Transfer Operators tried to attract customers with faster transactions and a standard processing fee. A win-win situation until we look at the fact of the matter. Their faster services take 2-3 days and charge their customers a premium for the service. The processing fee involved may be as high a 10% which offers no value for the customers. Many users feel it may even be more expensive than banks at certain times. Thus they are not a lot better than banks.

The A+

With no real differentiators and de-risking laws creating a further muddle, these services reigned supreme. But there’s a new player in town and it offers fast, affordable transactions completely controlled by the user. We are talking about Online Automated Services like FAZRemit.  They ensure their customers a very different experience from the aforementioned platforms. You could say FAZRemit provides its customers with an A+ service compared to banks and IMTOs.

Read: Online services are easier to wire money to beneficiaries in Nigeria

Why Not FAZRemit Use for Money Transfers to Nigeria?

FAZRemit offers its customers a fast, safe and affordable means of money transfer to Nigeria from the US. The platform has given the diaspora a better choice. Since its inception, FAZRemit has already helped thousands of Nigerians remit money to their families in Nigeria.

Registering to FAZRemit allows the user to send money to Nigeria at the click of a button. It is possible to send $2499 instantly and can have no upper limits if need be. The platform offers its services even in North Carolina with online registrations.

KYC documents submitted during registration undergoes verification to safeguard the customers and their money. A customer also has all the details of transactions available to him/her. They can view it through the easy to access platform interface.

FAZRemit provides all these services at the lowest processing fee in the market. The 1.7% fee charged by FAZRemit is a far cry from those charged by major banks and IMTOs. It is easy to see why the next time you send money to Nigeria, FAZRemit offers better value.

Join FAZRemit today to avail its online services for yourself from North Carolina. Money transfer to your loved ones in Nigeria has never been so fast, safe and affordable!

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Pros and Cons of Internet Revolution in Nigeria

The sub-Saharan country of Nigeria shows massive strides towards growth and stabilization. The government-backed economic and social growth has one major factor at its center – The Internet. The internet…

The sub-Saharan country of Nigeria shows massive strides towards growth and stabilization. The government-backed economic and social growth has one major factor at its center – The Internet. The internet revolution in Nigeria has brought great success to electronics platforms.

Electronic Commerce (eCommerce), which is the bedrock for online shopping, has opened up various opportunities for the people. E-payment platforms like FAZRemit help the 2 million diasporas in the US with remittances from USA to Nigeria.

The Way Forward For Commerce

The internet penetration rates in 2018 showed 112 million Nigerians being connected to the cloud. This represented a healthy 56 percent of the population accounting for 14.32 percent from 2017. The increase of 1.4% in smartphone users meant that over 36 million Nigerians had mobile internet available to them.

Online shopping and trading bring with it various economic gains for the citizens of the country. It helps to connect remote areas with the rest of the nation. Health services, education and overall quality of life increase with this inclusion.

Today Nigerians sit at the comfort of their homes and shop online for essential goods. They pay using online platforms and track the delivery through the web. The internet has made it convenient, safe, and time-saving for them to shop for products.

A Common ground

The internet also made it possible for various ethnic groups to form a common ground and raise their voices.

Basic internet services have helped to fast-track services like remittances from USA to Nigeria. It forms 6 % of the countries GDP and has seen stable growth year by year. Quality of life has increased all around during the internet revolution in Nigeria.

Basic internet infrastructure can help all facets of the society including farmers, labors and businesses. The time saved by making use of internet services is seen to help the economy create new avenues of income.

The Other side of the coin

The revolution has not just brought with it good times. There have been various cases of fraud and illicit activities through the use of the internet. The cases of online dating fraud have increased in the years since the widespread internet came to Nigeria.

Betting Online

There is also another growing problem in Nigerian Gambling. Around 60 million Nigerians aged between 18 and 40 make use of online betting sites to make a quick buck. Whether they succeed or succumb is another story. But the worrying stats show that Smartphone ownership and online gambling had an absolute correlation. It showed 20% of smartphone owners buying the same just for gambling to make quick money. This is one of the ways the revolution has failed the country.

The Out-take

The internet revolution in Nigeria cannot be blamed for any progress or disruption it brings to society. The Internet has created paths for either consequence but the steering rests with the people who make use of it.

Internet media has the ability to educate and engage citizens. It also brings a rise in living standards and feelings of inclusion with the world society.

The remittances from USA to Nigeria specifically amounted to 7.2 Billion in 2018. This contributes favorably to the rising economy and social growth. The Internet has enabled services like FAZRemit to provide safe, affordable and fast transactions straight to the end-users. It has led to an increase in online money transfer for the benefit of the citizens.

Join the revolution with FAZRemit, simply register on FAZRemit today to be a part.

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Money Transfer to Nigeria From New York, USA

The city that never sleeps is a major component of the United States in creating jobs and providing futures to its citizens. It is also a beehive of African Americans…

The city that never sleeps is a major component of the United States in creating jobs and providing futures to its citizens. It is also a beehive of African Americans with 25% making up the 8 million-strong population. African Americans have thronged to the city since the 19th century in the famous Bronx and Brooklyn area. Nigerian Americans have taken a liking to the city for the same main reasons, growth, and prosperity.

New York is home to a 223,000 strong Nigerian diaspora whose remittance is helping their families back home. Money transfer to Nigeria from the US accounted for $7.2 billion in 2018. The Nigerian diaspora has predominantly gone to banks and IMTOs for these international transfers. But is that because it is their choice or is it because they don’t have another?

FAZRemit offers the diaspora in the United States a better choice for money transfers to Nigeria with quicker, affordable transactions.

Inconsistent Platforms

Banks

Banks have been at the helm of services chosen for international transfers by the Nigerian Diaspora. They offer safe and secure transactions but at fluctuating foreign exchange rates. The corridor to Nigeria is an expensive one due to the country being in a high-risk zone. These fluctuations undermine the value of the remittance to the diaspora and their families. Bank transactions also take 2-3 weeks to remit to Nigerian bank accounts, which according to today’s standards is utterly slow.

IMTOs

International Money Transfer Operators took advantage of the slow bank transactions to create a web of their own. Their services cut down the time for remittances from 2 to 3 weeks to 2-3 days, which is still slow. They charge their customers a premium for these ‘fast transactions’ which may go as high as 8-10%. This robs the senders and receivers of their remittance money which is a huge drawback of IMTOs. They also give the customers zero control over the transactions.

Online Platforms

Online platforms try to ease the pain that the Nigerian diaspora face to get money to their loved ones in Nigeria. They help the diaspora in money transfer to Nigeria with a lot more freedom and accessibility. FAZRemit assures its customers fast, safe and affordable services to send money to Nigeria from New York and the USA.

FAZRemit’s Accessible Services for Money Transfers to Nigeria

Ever since its establishment, FAZRemit has been trying to enable the Nigerian diaspora with easy transfers to Nigeria. They assure their users more accessible and faster services than banks and IMTOs by using online transfers. With more access to transactions and even more value, it is one of the best choices available right now.

Read: Choice for a safe and affordable transaction to Nigeria from the US.

Registering on FAZRemit allows the user to send up to $2499 instantly to a benefactor’s account. The service does automated KYC documentation check at the time of registration for safety and security. The platform also provides prompt replies to any queries of the customer with a 24/7 customer service. The user has maximum accessibility to transactions and can track it to the benefactors account unlike at the IMTOs or banks.

FAZRemit offers its services at the lowest processing rates in the market. This provides the customer value for their transactions with a charge of just 1.7% for the remittance. The increase in internet and mobile penetration in Nigeria has made online money transfers to Nigeria with FAZRemit an option. With such low prices and so much value, is there really a need to choose?

For fast, safe and affordable transactions to your loved ones in Nigeria use FAZRemit. Join today to send money to Nigeria from New York!

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Money Transfer to Nigeria from New Jersey

Nigeria has been facing a lot of economic problems in recent years. For many years the people of Nigeria, especially since independence, have been craving for development. Any meaningful development…

Nigeria has been facing a lot of economic problems in recent years. For many years the people of Nigeria, especially since independence, have been craving for development. Any meaningful development anchors on these very basic needs– strong institutions, availability of resources and good management. Resources comprise human and natural resources. However, the development processes are disrupted by socio-economic challenges such as hunger, poverty, unemployment, poor health, illiteracy, corruption, greed, insecurity, among others.

Online financial aids from international citizens have been pillars of strength and support for the country. FAZRemit has been a popular medium in this transaction.

Money transfer from New Jersey by FAZRemit

An online transaction is a password-protected payment method that authorizes a transfer of funds over an electronic funds transfer (EFT) all across the globe. FAZRemit offers you convenient services that allow you to make international online transactions easily. The present hassles are taken care of by FAZRemit.

Many major United States banks have the facility to carry out international transactions like funding to Nigeria. But with this follows typically high transfer fees and offers of high exchange rates that are comparatively lower than the mid-market rate — or the rate banks and transfer providers use when trading among themselves. FAZRemit plays fair in this game.

Online transactions in New Jersey come with a lot of processes to ensure safe transactions. FAZRemit reduces the efforts and makes transactions less of a headache while maintaining the guarantee of safety. However, people are still doubtful of these transactions. It is because of the commonly faced hassles during the transfer of money.

What are the common problems with international transactions?

 Unstable exchange rates

As the exchange rates are directly dependent upon the economy of the country, certain changes occurring in the country like Brexit law, depression, etc. which can affect the exchange rate as a whole. These varying exchange rates have been a common problem for years. The flow of remittance is also sometimes affected by various economic factors like migration crisis occurring in Europe. FAZRemit keeps you updated regularly to avoid you from getting in any sort of inconvenience.

High transmission fees

Most of the banks and MTO’s charge a huge amount as a transaction fee. The transaction fee varies from bank to bank and in MTO’s also. The banks and MTO’s have been overthrown by easier online transaction websites today. These online services provide low transfer fee which has eventually reduced the transactions made through MTO’s and banks. It’s smoother for people to make money transfer to Nigeria from New Jersey online with these websites. By FAZRemit you can easily send up to $999 by paying the lowest processing fees of 1.7%.

Fear of the unknown

It’s not just the transmission charges, along with that there are many intermediary charges that occur before the money reaches the final end. The types of intermediary fee vary for every country and unless a person has sent the money before, it is impossible to find out the exact amount that reaches them. FAZRemit helps you keep updated with your transactions daily, so you know where and when your money reaches the rightful authority.

Tracking problems

FAZRemit also provides constant tracking notices to its customers since one of the major problems occurring repeatedly in this type of international payment system is the inability of the persons to track their payment. Because of this reason, most of the people are unsure and the importers are unaware whether their particular amount has reached the Bank account of the exporter.

The problem of importers and exporters

FAZRemit is authorized and a known digital platform powered by Choice Money Transfer. Both the importers and exporters have to provide proper identification and reason for the money transfer before making any transaction.  The exporters are subjected to many types of identification processes. Also at the same time, the importers are forced to pay as direct cash rather than using various types of digital technological methods such as debit or credit cards and Online net banking transactions. FAZRemit cuts it short for you and provides you hassle-free easy steps to follow.

So technically choosing the online method of the transaction would be the best option to make money transfer to Nigeria from any state in the United States.

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Money Transfer to Nigeria from Michigan , USA

Nigeria is a middle-income country and an emerging market with a mixed economy. It has fields like manufacturing services, financial, technology, communications, and entertainment departments expanding rapidly. The economic problems…

Nigeria is a middle-income country and an emerging market with a mixed economy. It has fields like manufacturing services, financial, technology, communications, and entertainment departments expanding rapidly. The economic problems in Nigeria have always been a topic of discussion on all platforms.

FAZRemit is an industry leader in promoting money transfer to Nigeria from the US for a variety of reasons. FAZRemit excels in offering instant account remittances to its customers at affordable rates and secure corridors. Customers need to only register with FAZRemit in order to start sending money to Nigeria from United States. They can easily send up to $999 by paying the lowest processing fees of 1.7%.

FAZRemit eliminates the most frequently faced problems faced by customers during their online transactions.

Send money from Michigan, US

An international money transfer allows you to send money to friends, family, and businesses across the globe. Generally, it involves an individual sending cash or money from their Michigan bank account to intermediary transfer service or bank, which then exchanges and sends the money to the recipient in another country. Like Nigeria in this case.

FAZRemit offers you convenient services that allow you to make international online transactions easily. The present hassles are taken care of by FAZRemit.

Many major United States banks provide preferences to send funds to Nigeria. But they typically charge high transfer fees and offer exchange rates that are comparatively lower than the mid-market rate — or the rate banks and transfer providers use when trading among themselves. FAZRemit plays fare in this game.

Online transactions in the US come with a lot of processes to ensure safe transactions. FAZRemit reduces the efforts and makes transactions less of a headache while maintaining the guarantee of safety.

Common problems That Online Transaction solved

Technology is developing in every field. Smartphones and e-wallets, shifting purchase patterns, and demand for cross-border, multi-currency electronic payments have powered PSP competition to maintain and boost market share. Providers are under pressure to offer peer-to-peer payments beyond traditional banking models and to help the cashless society that can benefit from this. Problems like,

1. Fraud and chargebacks

2. High cost of Cross-border transactions

3. Multi-currency and payment methods

4. Technical integration is of major concern to many providers

These problems have been existing for a large period of time. Sending money to loved ones and making business transactions have become much easier nowadays with the growth of online websites and other forms of options. Some of the solutions include Bitcoins, The growth of online web transactions, and legibility of the website.

FAZRemit makes it all easy for you right away

All these issues are kept in mind by FAZRemit and the Money Transfer to Nigeria is made safe and secure on all levels. FAZremit is operated by Alpha Fortress LLC and provides a secure payment gateway for individuals and businesses in the USA to pay their international bills and for transferring money directly to multiple bank accounts worldwide. Using our secured portal, after submitting the required KYC documents, all the registered FAZRemit users can pay their bills, transfer their funds, and manage ANY financial transactions remotely. FAZremit is safe, authentic and the best site that offers you safe transactions.

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Money transfer to Nigeria from Maryland , USA

Maryland is a state in the Mid-Atlantic region of the United States. It is named after the English Queen Henrietta Maria, known in England as Queen Mary. Nigeria is in…

Maryland is a state in the Mid-Atlantic region of the United States. It is named after the English Queen Henrietta Maria, known in England as Queen Mary. Nigeria is in a requirement for money for various reasons. Right from their development to importing food materials they are in need of money. Nigeria has developed into a business hub for people of Maryland and other countries.  And for business to run in a good manner, there is a need for money transaction, including money transfer to Nigeria. The following blog will provide an in-depth analysis on how to send money to Nigeria from India.

There are a few ways through which money can be transferred to Nigeria. Few of them are mentioned below.

Send money Nigeria through bank transfer

There are many banks in Maryland through which money can be sent to Nigeria in a safe and secure way. People have to follow some simple steps to transfer their money. But before sending money people have to choose the best bank in the market by analyzing the transfer rate and time. After choosing the technique the next step is to submit the KYC documents and when approved people can transfer money to their beloved one’s bank accounts. But the major problem is the time which takes 2-3 days in banks. The transfer rate is also quite high in this transaction. The banks nowadays offer SMS based confirmations to make people feel at ease.

Through online websites and applications

This mode of money transfer is quite simple and fast. Anyone from Maryland can send money Nigeria. This is a fast and simple way to send money to friends and family in Nigeria. The Industry-leading safety technology guards the money and guarantees and safe online transaction. These transaction websites are licensed by government regulators around the world so that people can be sure about safety and whether they meet the highest possible standards.

Wire money to Nigeria through MTO

Western Union and other Money transfer services made money transfer an easy process. They also facilitate bank to bank transfer. They made money transfer an easy process when people felt difficulty in getting approved by banks.

These are the ways through which anyone can send money Nigeria. People can also send money through FAZRemit and avail the cheapest option available in the market. So use FAZRemit to enjoy your money transaction at a cheaper price.

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