Switch and Thunes Partner to Unlock Instant, Free Naira Top-Ups for Diaspora Nigerians
Switch, Sterling Bank’s innovative diaspora banking and cross-border payments platform, has forged a strategic alliance with Thunes, a leading global payments network. This collaboration aims to revolutionize how Nigerians living abroad send money home by enabling them to instantly top up their Naira accounts with zero transaction fees.
Seamless and Cost-Effective Transfers
Through the integration of Thunes’ extensive global network into the Switch platform, Nigerians in the UK and Europe can now seamlessly link their local bank accounts to their Naira accounts back home. This connection allows for near-instant transfers with transparent and competitive exchange rates, eliminating hidden costs and complexities. Initially, the service supports GBP to NGN and EUR to NGN transfers, with plans to expand to USD to NGN, CAD to NGN, and other currencies in the near future. Ayodeji Saba, Head of Switch and Remittance at Sterling Bank, emphasized the transformative nature of this partnership, highlighting the speed, simplicity, and control it offers to customers.
This partnership between Switch and Thunes represents a significant step forward in facilitating affordable and efficient cross-border payments for the Nigerian diaspora, empowering them to support their families and contribute to the Nigerian economy more effectively.
Keywords
Related Keywords: Switch Thunes partnership, instant Naira transfers, free Naira topup, Nigeria remittance, mobile money Nigeria, crossborder payments Nigeria, cheap Naira transfers, send money to Nigeria, Naira transfer app, Nigeria payments solution
