And eventually, a common way to send money is through money transfer apps that connect to your bank account and allow you to transfer money to friends and family quickly. Nigerian ex-pats in the UK often prefer sending money to Nigeria through bank transfer.
Online money transfer can be done electronically or you have the option to go to a branch and request a transfer in person. Usually, you do have the method to move money by transferring the money into another bank account.
This is considered one of the reliable ways, as there are fewer chances of theft. One can easily take the money at any time of the day or night through a debit card.
How to Send Money from One Bank Account to Another Bank Account?
If you need to move money between two of your accounts to different banks, the process usually is easy, and you can do it with your online banking account.
But first, you need to “link” your email address to a money transfer company. Each company’s registration process varies a little, but these are generally the steps you need to take:
When signed in, “create an account, or register your Google, Facebook or Twitter account with the website.
From there, you will have to verify that the account is registered with a reliable company, usually by giving a username and password, or by checking small “check” transactions between the two banks. Every bank approaches this method a little uniquely, so follow the guidelines as carefully as you can.
How Money Transfer Through Bank is Helpful for You?
Money transfer to Nigeria from an account to another is also typically cheaper. The steps were indeed similar to those described above. In this situation, you will be asked to include your bank name, account number, and a few more details to send money online.
Many online money transfer services will serve you the best when it comes to transferring money.
If you need to move money from your bank account to another person’s bank account, new solutions exist all the time. The borderless transactions allow you to send your money online via your bank account to someone else’s account quickly.
There are no set-up or monthly fees, but you do need to sign and check your identity, just as you would do with a bank. Because of making one-off payments, you can even set up regular bank transfers to help save time.
You can select the quantity and the frequency, and the automatic transmissions will do the rest for you. Many money transfer companies also require you to send money in this way.
What are the Different Processes of Bank Transfer?
How lengthy internet money transfers among banks take depends on the method you use, but the typical answer is a quick transfer. Using a bank transfer to move money to another bank account in Nigeria is normally easier.
Some transfers can be done within 24 hours. When money is transferred via the online money transfer system, you typically have the option of having the transferred funds available in the account to be sent to someone else, or you can cash out by depositing to your bank.
In this era, everything is being upgraded following the trend, and people alter their lives to go with the flow like they upgrade their clothing, accessories, and living standards. When people change their lives, they do not remember to alter the money transaction method.
The latest money transfer way of this era is online transfers that give many other facilities like Giro pay, Apple pay, online billing, online payments, and Ban contact.
What Are the Effects of Online Money Transfers?
Imagine yourself as a person who is in the UK, far away from his home to earn a better living for his family. You belong to a mediocre family and are struggling a lot to help make the conditions better for your family in Nigeria.
It’s been six months that you have come to the UK because of a job that offered you double the salary that you were being offered in your home country. Now some time has passed, you are in the probation period of your job, you cannot afford any holidays, or you will lose your job.
One day when you are in your office, you get a call from your family, and you hear that your brother got seriously injured during a road accident and his life is at stake.
Your family asked you to send money urgently because they don’t have enough money due to some debt payments. The doctors did not permit the operation procedure before the cost for the treatment, or you will lose your brother forever.
How Does Online Money Transfers Help in Your Daily Life?
But unfortunately, it’s your office right now, it isn’t half of the working day and if you left the office right now, then you will be considered absent from the job, in this situation you will lose your job because you already consumed your permitted vacations because of your bad health last month.
You are tangled in this situation where on the one hand is the life of your brother and on the other hand, is the living for your family. You would lose one if you chose the other. But wait, you still have one option that will make the escape from this situation and lose nothing, in that way you can save your brother’s life as well as your job.
The solution to your situation is an online money transfer service, for that, all you need is an internet connection and an Android or Apple device. You can send money to Nigeria online with ACE Money Transfer. In this way, you wouldn’t leave the office and your family can get the money easily too.
What are the Services Provided by Online Money Transfer Companies?
Many online money transfer companies provide online money transfer services to help you to do remote and easy transactions through which you can send money to all the countries associated with that respective company.
How Can You Make Yourself Registered with Online Money Transfer Services?
In the market, you can find several online money transfer companies but despite becoming vulnerable to experiments and problems, let your first choice be your choice for further every transaction.
ACE Money Transfer allows you to get comfortable, feasible, and flexible and in time payments to more than a hundred countries. To avail, the online money transfer services of ACE all you need to do is:
- Install the ACE online money transfer company in your device
- Enter your necessary details and get Registered
- Connect your account with your device
- Enter your Bank account details
- Choose the country where you want to send money
- Choose your comfortable and convenient currency
- Enter the details of your receiver, like name, account details, location, etc.
- Choose the nearest pickup point to your receiver if you want your receiver to get money through a pickup point
- Get your transaction ID and share it with the receiver
- Remain updated about your transaction through the transaction ID
- Your Receiver gets the money
For online money transfer to Nigeria, ACE Money Transfer is convenient, trustable, efficient, and cost-effective. It enables you to send money to many countries with really low transaction charges, and there are almost 275 thousand cash pick up locations in countries around the globe where the services are available.