Money transfer plays an essential role in one’s life. When it comes to transferring money from one country to another, high remittances hampers the entire process. High remittances affect not only the individual who is sending money but also particularly for the country as high remittances can disrupt its economy. Remittances can be a boost for industrialization and can complement debt financing for investment purpose. Nigeria is the largest receiver of the amount of money sent by immigrants of Sub-Saharan Africa. It increased to 10% to records of $41 billion in 2017. High remittances hamper domestic savings. The hefty fee to wire money to Nigeria is wrong and does not make any sense because it is basically just a waste of money.
Also, this money of remittance can be used for serving various purposes like enhancement of industries, the advancement of new technologies, combating money laundering and financing of terrorism. Nearly 6 to 10% remittance is unreasonable, they need to be demolished.
Wire money to Nigeria for cheap remittance using FAZRemit
FAZRemit is one of the most exclusive and convenient methods of making money transfer to Nigeria from US. FAZRemit is best because it has won the trust of millions of customers worldwide. It is ultra fast, it makes the transaction within 60 seconds. FAZRemit is basically operated by Alpha fortress, LLC. It is regarded as one of the best global money transfer and bill payment service provider. FAZRemit provides its users with a high level of security and safety. It involves strict profile verification and encrypted transaction in order to ensure safety to your money transfer process. FAZRemit provides you with amazing and transparent services along with the cheapest transmission fee. On money transfer of up to $499.99 fee is just $8.99. On money transfer of 500 to $999.99, it is just $11.99. On money transfer of $1000 to $2499.99, it is only 2%. The process to wire money to Nigeria using FAZRemit-
- Add your beneficiary, then verify its account. Afterward, you will receive a mail from FAZRemit verifying it further.
- Fill your payment details and make a transaction to your beneficiary.
- You can track your payment procedure through emails. You also receive a transaction receipt via email.
The best part about FAZRemit is that it is a properly online process and it saves the sender from paying hefty transmission fee which is quite nominal in Fazremit transaction fee. It saves us time as well as our money.
FAZRemit is most prominently digital platform of transferring money from one country to another. It is licensed by the jurisdiction of CA, CT, DE, DC, FL, GA, IL, MD, MI, NJ, NC, OH, PA, RI, TN, TX, VA. It has also been licensed by the New York State Department of Financial Services. Fazremit is regarded as one of the safest gateways of money transactions. With this help of this secure and transparent platform, you can easily transfer money to your family members, friends, acquaintances and business associates in no time and without any worries.