Guaranty Trust Bank (GTBank) has launched a new payment solution that enables customers receive Western Union funds directly into their GTBank account via any of the bank’s ATMs in Nigeria.
The service will also be available on the bank’s Internet banking platform and does not require a GTBank debit or credit card, or a security token device.
In order to avail the service, customers need to enter the GTBank NUBAN account of the receiving party as well as the 10-digit money transfer control number (MTCN).
The bank currently operates from over 230 branches within the country and has banking subsidiaries in Kenya, Rwanda, Uganda, Cote D’Ivoire, Gambia, Ghana, Liberia, Sierra Leone and the UK.
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By GlobalData