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Is It Possible To Pay Money Into Someone's Account Directly From Nigeria To Us - Business - Nairaland

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Is It Possible To Pay Money Into Someone's Account Directly From Nigeria To Us by ekel101: 11:43am On Sep 08, 2011
Is it possible to pay money into someone's account directly from Nigeria to US, pls i need the steps involved, and which of the financial insititution in Nigeria offers this services, are there bank charges (how much is it gonna cost), how long is it gonna take for the money to reflect . Thanks waiting for your responses
Re: Is It Possible To Pay Money Into Someone's Account Directly From Nigeria To Us by Nobody: 9:45pm On Sep 08, 2011
Ok, for it to be possible you need to be using the same bank. For example if the person banks with First bank in Nigeria and you are able to locate a first bank in the states simply pay into the persons account and it will reflect immediately like a local transaction. I suggest you look for a bank that operates in the states and have the person in Nigeria open an account with their branch at home. I don't think there are any additional costs. For possible banks check Union Bank, First Bank of Nigeria Plc, United Bank for Africa, Zenith Bank.

The other way is to do a domiciliary transfer, its harder since the person in Nigeria needs to open a dollar account, there are charges and the money could take up to 2 weeks to reflect depending on the bank.
Re: Is It Possible To Pay Money Into Someone's Account Directly From Nigeria To Us by fegflu: 1:46am On Sep 09, 2011
Dom acct transfer frm naija bank reflects on beneficiary account afta 48 hrs. Visit GTB.
Re: Is It Possible To Pay Money Into Someone's Account Directly From Nigeria To Us by Nobody: 1:51am On Sep 09, 2011
fegflu:

Dom acct transfer frm naija bank reflects on beneficiary account afta 48 hrs. Visit GTB.
Its actually about 24 hours, that bank is the best, start banking with them and your accounts in other banks will go dormant.
Re: Is It Possible To Pay Money Into Someone's Account Directly From Nigeria To Us by fegflu: 6:01pm On Sep 09, 2011
True
Re: Is It Possible To Pay Money Into Someone's Account Directly From Nigeria To Us by xtayle(m): 8:19pm On Sep 09, 2011
YES IT IS POSSIBLE. ITS CALLED WIRE TRANSFER. U WILL NEED A DOMICILIARY ACCOUNT WHERE YOU WILL DEPOSIT THE MONEY TO BE TRANSFERED PLUS CHARGES WHICH IS AROUND 20 DOLLARS DEPENDING ON HOW MUCH YOU WANT TO TRANSFER. SKYE BANK CHARGES 1% OF THE AMOUNT TRANSFERED PLUS TELEX CHARGES OF ABOUT 3K.

YOU WILL ALSO NEED BANK INFO OF THE PERSON OR ORGANIZATION YOU WANT TO SEND MONEY TO. YOU NEED BANK ADDRESS, SORT-CODE, IBAN NUMBER, ACCOUNT NUMBER, CORRESPONDENCE BANK INFO ETC.

SHALOM

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