Ecobank Rapid Transfer Works, The Requirement For Enrollments And All The Charges Per Transaction

The Pan African Bank, Ecobank, is a banking conglomerate of the banking operations in 36 African countries. It is the leading independent banking group in West Africa and Central Africa.

It was established in 1985 in Lome, Togo.

 

The Ecobank Rapid Transfer

Rapid transfer is a mobile application that allows its users to send money to account holders in any of the thirty-three (33) African countries where Ecobank is open.

To use Rapid Transfer, you do not need an EcoBank account. This means anyone can you the service.

 

How To Send Money With The Ecobank Rapid Transfer

1. Visit any Ecobank branch or any Rapid transfer agent near you.
2. Complete the Rapid transfer “Sender” application form.
3. Provide the required means of identification.
4. Submit the amount you want to send together with the service charge.
5. Accept the reference number, and inform the receiver with the correct details of the transaction.

 

How To Receive Money With The Ecobank Rapid Transfer

1. Visit any Ecobank branch or any Rapid transfer agent near you.
2. Provide them with some valid means of identification.
3. Collect and fill the Rapid transfer “Receiver” application form.
4. Submit the form accordingly and the payment process would begin after the documents have been verified.

 

Here is a list of the acceptable means of identification.

1. International passport
2. Driver’s license
3. National ID cards
4. Voters ID cards
5. Identification card of recognised corporate bodies

 

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Requirements For Enrolling As A Rapid Transfer Agent

The only requirement is as follows.You must be or have a registered institution. It could be a company, partnership etc, it just have to be registered, and have the necessary regulatory approval to provide remittance service.

If you meet this requirement, then approach any Ecobank branch for assistance.

 

 

Benefit Of Being A Rapid Transfer Agent

You get all the Commissions from your sales.

Customer footfalls in agents premises for cross selling

You become associated with Ecobank when it comes to Marketing and promotions and many more.

 

 

Important Note

For your transfer to be reversed and money sent back to you the sender, you will have to place a request at the sending branch. Your claims would be verified. If true, only the main amount will be returned. Money back may be less depending on the change in exchange rates.

To pay utilities, visit any of the branch with your utility bill and complete the necessary form. Submit the amount to be paid together with the form. A receipt would be given to signify a successful payment.

 

 

Conclusion

Rapid transfer is a trusted brand when it comes to the transfer of money across Africa. The Rapid Transfer has recorded increasing patronage across the region today.

It is the only pan-African money transfer service that allows its users to send and receive money easily and fast.

Soon, you will be able to pay your bills quickly and easily, receive money straight into your ecobank account, and use your money the way you want it.

Infact, funding natives may be added in the nearest future.

Visit https://rapidtransferonline.ecobank.com for an effective self service.