Do you want to know how to get UBA Africard in Nigeria, activate and load it? If yes, I will provide you with the step-by-step guide on how you can get it and use if for online transaction.
PS: I’m writing this from my own personal experience. I mean, how I got my own UBA Africard in Nigeria within 3 hours! Few months ago, I was confused on how really to get the card because I have never heard about a special card apart from the famous “MasterCard”, “VISA card” and “Verve”. All these cards are limited to some function and can’t really be used broadly as the Prepaid VISA card issued by UBA.
Now, let go to the main topic:
What is UBA Prepaid Card or Africard in Nigeria
Africard is a prepaid card issued by the United Bank for Africa, UBA.
If you’re familiar with using the like of Mastercards for online transaction, then there’s no need to get long definition for the UBA Africard.
But I must tell you that it’s originally a “VISA card”.
The only difference between other VISA card and UBA Africard in Nigeria is that, it’s PREPAID!
Just like when you’re using a prepaid meter in your house. If you load the meter, you’ll have electricity power in your house. But if you refused to load it, there’s no way you can see the blink of electricity even if the whole town are enjoying it.
Same thing applied to the UBA Africard, It’s a prepaid card that is useful only when you load funds (money) on it.
UBA Group said:
The Prepaid Card (Africard) is not in any way linked to your regular bank account with any financial institution in Nigeria. That gives you the ability to do and undo with the card. Meaning, you spend what you load.
As simple like that but powerful….
Getting your UBA Africard in Nigeria is so easily but many entrepreneurs outside there don’t know what the card is used for, while some entrepreneurs know how to use it but don’t know how and where to get it.
I don’t know which category you fell into but this blog post will hold your hands from starting till using the card. But you may want to know:
The Benefits of UBA Africard (Prepaid Card) in Nigeria
I will mention few but most important benefits that may interest you. They are:
- You can use buy anything from any online shopping sites in the world without any headache
- You can have UBA Africard in Nigeria without having a bank account with UBA at all
- The card is not linked to any of your accounts
- You can use it to verify PayPal account in Nigeria and enable the most core feature of using PayPal
- You can get it immediately or few minutes after you request for it
- According to UBA, the Africard or UBA prepaid card can be used at over 30 million retail outlets across the globe
- Can be used conveniently with the UBA mobile banking
- UBA Africard or Prepaid card is secured
- You can manage your card yourself
- And so on…….
Now, you may asking what you needed to get the card. Here are they:
Requirement to Get UBA Africard in Nigeria
Just like I got my own, here are the prerequisites:
- A passport photograph
- A utility bill (e.g NEPA bill)
- Means of Identification like National ID card, Driving licence and any government issued document
- Your Bank Verification Number, BVN
- Some funds to load (but not compulsory to load immediately)
Those are the few stuffs you need to get together and boldly apply for the UBA Africard or Prepaid Card in Nigeria.
Now let talk about how to put these into use:
How to Get UBA Africard or Prepaid Card in Nigeria
1. Visit the Bank
Unfortunately, you can’t apply for this card online or any other bank than to visit the nearest UBA business office or branch in your area, with the aforementioned requirements to get your Africard or UBA prepaid card.
PSS: UBA branch office is so far to my place, I will have to spend some bucks for transportation. So, to safe the expense, I have to call the bank if the card is available and unfortunately, it wasn’t. They said it’s going to be available in 3 business days and I called again after the 3 business days to confirm and it was then available.
So, I will advise you to call the bank first before you visit them because, AFRICARD or the UBA prepaid card is not always used as other type of card, which the branch office may not have in store because of that.
2. Ask the Customer Care that you need “AFRICARD” or “PREPAID CARD”
You need to be careful when you get to the bank in order to request for the UBA Africard because you might be misled.
When I got to the UBA business office in my area, the lady that attended to me was trying to get me “MasterCard” thinking that “CARD” is “Card”. But I told her I don’t need MasterCard or VISA card but I need “AFRICARD”. Then she directed me to meet an officer in care of Cards collection in the bank and immediately, the man grabbed what I was asking for.
Tell and remind the bank staff that attend to you that you need ‘UBA Africard’.
PS: Note that there’s are 4 types of UBA Africard available and you should be careful enough before you choose. In fact, let me tell you about types:
Types of UBA Africard or Prepaid Card in Nigeria
There are four types of UBA Africard in Nigeria, they are:
- UBA Nigeria NGN Local High
- UBA Nigeria NGN Local Low
- UBA Nigeria NGN International High
- UBA Nigeria NGN International Low
Basically we have “Local” and “International” UBA Prepaid Card but each of them have their own limit as “High” or “Low”.
If you choose any of the first two listed above, please note that you can’t do any transaction outside Nigeria as the name implies “LOCAL” which is just like using the “Verve Card” and…..
If you choose any of the last two UBA Africard listed above, you can do international transaction but the “international High” is the best.
So, tell the staff attending to you the type of card you need.
If the card is available, you’ll be giving a form to fill.
3. Fill the UBA Africard or Prepaid Card’s Application Form Correctly
The application form is now in your hand, fill legibly without making any mistake.
The form is not hard to fill at all. Write your BVN at the top of the application form but if you don’t know your BVN, on your registered phone number with your bank, dial x565x0# and your BVN will be shown to you.
I need to tell you this:
There’s a place in the form that asked if you’re either the “Owner” or “Tenant” of the house address you provided.
If you choose “OWNER”, you will to provide the said “Utility Bill or NEPA bill” I told you to prepare under the requirements. But if you choose “TENANT”, you don’t need the utility bill (…… as at the time I got my own UBA Africard in Nigeria).
After you have filled the form, give it back to the card collection officer that gave you.
4. You Card will be Given to You
Finally, you card will be given to you and the next thing is to activate it!
I’m going to tell you how you can activate your UBA Prepaid card without visiting the branch office.
Here is how:
How to Activate UBA Africard in Nigeria using ATM & Online Portal
There are two ways you must activate your UBA Prepaid Card. The first one is activating at the ATM gallery and the second is using online portal…
Both ways will finally get your card in use. Here is how to do it:
- Activating UBA Africard with ATM
This is just as simple as when you changed your previous (mastercard) password after collecting.
Changing of password is the means to activate your account, and this require previous password. So, how can you get your UBA Africard previous or default passcode?
There is a sheet of paper with information about your prepaid card, on the sheet of paper is your hidden passcode which you will use for both ATM and online activating.
At the front of the sheet (where UBA logo is at the top right-hand corner), you will see something like scratch card but not actually meant to be scratched. You only need to peel the orange light nylon used to cover the blank area.
Note that the two passcode are written on the nylon.
The ATM PIN is at the top while the WEB PIN is below it. Note that each are 4-digits.
Now go to the nearest UBA ATM gallery and slot in your new AFRICARD or UBA prepaid card, change the PIN by first entering your default PIN, then NEW PIN…
If you’ve successfully did that, congrats.
The next thing is to activate on your PC or Smartphone.
- Activating UBA Africard with Web service (smartphone or PC)
Follow these steps to activate your UBA Africard in Nigeria using your smartphone:
- Go to www.myubaprepaidcard.com
- Login with your client ID and default passcode
This may confuse you, I mean the Client ID and you may be asking…
What is UBA Africard’s Client ID and Where to Find It?
The UBA Prepaid Card’s client ID is 10-digits numbers which is special and different for every prepaid card.
Note that the UBA Prepaid Card’s Client ID is not your account number, it can be found on the card.
To find your client ID, turn you card to the back where there’s black stripe.
You will see a number written at the right hand side at the back of the card, very close to the bar code.
So after finding your UBA Africard’s Client ID, check your “WEB” passcode just below the PIN you used to activate your card at the ATM gallery.
- After you’ve successfully login with your Client ID and WEB PIN, follow the rest information and answer accordingly.
You will be asked to choose and set up 3 security questions, change your username and PIN and finally confirm everything by entering the code sent to your phone number.
That’s all about activating your UBA Africard in Nigeria and any other African countries using UBA prepaid card.
Remember I said the card is not linked to any regular bank account. Meaning that you will need to load it each and everytime you want to use the Africard for online transaction…
But how can you do this?
How to Load or Fund Your UBA Africard in Nigeria
There are two sure ways to do this, if this is your first time.
- One of the ways is to simply walk into nearest UBA business office or agent around with the amount you want to load in, and they will do it for you.
Note that, if you don’t have bank account UBA, you will have to go to UBA branch offices before you can be able to load money on the card.
- The second way is so easy and it’s for those who have UBA bank account. You can load money into your Africard by simply using the UBA Mobile App or Internet Banking or Magic Banking.
I used the Mobile Banking App to load funds into my UBA prepaid card and was so easy.
- All you have to do is download the UBA official app, sign in by using your Client ID and PIN.
- After that, click on the “+” symbol you see at the top right corner of the screen and add your regular UBA account.
- Now to load funds, click on “Send Money” while you’re on the regular bank account screen. Then transfer more than N1,050 to the prepaid card
That’s all about loading funds into your UBA Africard in Nigeria and I hope you get it.
You can now use your UBA Prepaid Card to do any online transaction after loading it…
But here are few questions you may want to find answers to:
How much is UBA Africard Issuance Fee in Nigeria?
To get the said UBA prepaid card or Africard in Nigeria at the UBA banking hall is free but immediately you load funds into the card, the amount of N1,050 will be deducted immediately (for the card) just like when you just request for regular ATM card
What is the withdrawal fees and other Fees of UBA Africard in Nigeria?
You can see the UBA Africard fees and charges in the leaflet that accompanied your prepaid card.
But in case you misplaced it, here are the fees:
- Monthly maintenance cost N50 + VAT which may totally result to N52.50 but not up to N60/mo
- Every SMS you received just because of the card cost N4. if you received 10 SMS, that’s N40
- Withdrawing money with UBA Africard from UBA ATM gallery is FREE
- Withdrawing money with UBA Africard from any other bank’s ATM cost N65
That’s all about getting UBA Africard in Nigeria plus how you can activate and load funds to it.
If you have any question. Please use the comment box below and I will answer you promptly.
DISCLAIMER: I’m not a Staff at UBA, partner or an affiliate of UBA. I’m a blogger and internet marketer who likes to share most of his experiences and researches with great visitors like you.
If you have any issue, you can contact UBA customer care with this email: firstname.lastname@example.org
Please don’t forget to share this tips on how to get UBA Africard or Prepaid Card with your friends on social media or copy the link to recommend this post anywhere.
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Kuda Overdrafts: Eligibility and How to Qualify to Borrow Money from Kuda Bank
You’ve heard the popular anthem on YouTube, Streaming apps, or where that says: “No shame in borrowing when you can easily take Kuda Overdrafts” and you wonder what’s this all about? How can I qualify to borrow money?
I will quickly talk about that in this blog post. And I assume you don’t have an account with Kuda bank yet, but if you already have one, you can navigate to the right part for you by using the table of content below.
What are Kuda Overdrafts?
Kuda Overdrafts are money borrowed for a short period of time to take care of urgent issues. You can say Kuda Overdraft is a “short-term” loan, that’s how Kuda Bank describes it.
It’s not like a loan that you have to request before it’s disbursed, but the process is automatic, hence, it is called “Overdrafts” and not technically “loan”.
How Kuda Overdrafts Work
Assuming you have N50,000 on your Kuda bank, and you need to pay school fees of N100,000, you can withdraw that N100,000 to pay your school fees and your account will be -50,000 (If you are qualified already for overdrafts).
Just understand it as the way you borrow airtime or data from MTN when you need it urgently. You don’t need to visit the MTN office or fill any form before you borrow. Once you’re a regular user of MTN, you can borrow anything on the SIM and pay on your next recharge.
That’s how Kuda Overdrafts work – Just like using a credit card in foreign countries).
Learn More: What is Kuda Overdraft?
Because some Nigerians are victims of embarrassment resulting from taking loans online, you may think that Kuda Overdraft is in that caliber of embarrassing their customers. But Kuda Bank is not!
I’ve been using Kuda Bank for a few years and I enjoy their banking service. When I qualify for overdrafts, I took it (without shame) to see if they’ll frustrate my life but till now, I’ve never been embarrassed or stalked because I borrow money from Kuda bank.
Kuda Overdrafts Vs Other Loan Apps
- Low interest: Kuda Bank takes a very small interest. I mean very low as 0.3% daily interest. That is just N30 daily if you borrow N10,000 – If you pay up within 10 days, you’ll pay just N300, or let’s say you pay after a month, you’ll pay just N900. Crazy. Right?
- No Paperwork: You’re not filling any form either online or offline before you can qualify for Kuda Overdrafts.
- No Collateral: This may sound like an invalid reason why borrowing money from Kuda Bank is the best, but it is a valid reason. Those who said they don’t take collateral are right, but they’ll use the contacts on your phone as their collateral. You gerrit?
- No Embarrassment: As I said above, these loan apps will copy all the numbers on your contact list for special embarrassment later. Kuda bank doesn’t do this at all, you pay when you’re financially buoyant.
- I will also say borrowing money from Kuda bank will give you peace of mind, they will never call or email you to repay.
To borrow money from Kuda bank is not a “squid game” unlike fake loan apps that run after people’s life. If you want to know more about these loan sharks and how to avoid them, read this blog post.
How to Qualify for Kuda Overdrafts
There are steps you must take before you can be able to borrow money from Kuda Bank. They are:
- Become a User of Kuda Bank (Register and Verify your account)
- Use Kuda Bank regularly (to transfer, receive, pay bills, buy airtime)
- You’ll qualify automatically (Again, you don’t need to fill any form)
#1 Become a User of Kuda Bank
All you have to do is to download the Kuda Bank app on either Playstore or Appstore (for iOS), register, verify your BVN, phone number, and email address.
You may also need to upload your NIN slip, and you’re good to go. This is the first step to qualify for KUDA overdrafts.
#2 Use Kuda Bank Regularly
After becoming a user, the next step is to become a frequent user and this is what will qualify for Kuda’s “short-term” loan (overdrafts).
But you may want to ask how often or regularly should you use Kuda Bank?
Well. I don’t have a straight answer, but In my case, I use Kuda for 80% banking that I want to do. I use it to receive money, send money, bill data, and airtime. I don’t just keep N1,000 there, I keep most of my Naira in my Kuda bank account.
#3. You’ll Qualify Automatically
The system has been programmed to upgrade regular users to have access to Kuda overdrafts. So, you don’t need to request approval or whatsoever. Just use Kuda Bank regularly and you’ll get your own “lunch” from Kuda.
PS: The first time I received a notification that I’m qualified for Kuda Overdrafts, I can only borrow N30,000 but later, I think after 2 months, I can get up to N75,000.
I believe the more you keep using the Kuda for banking, the more they’ll increase how much you can borrow on the app.
How To Borrow Money on Kuda App?
On the home screen of your app, simply swipe to, or click on “Borrow”, adjust the range element to how much you need and click on “Get your Overdrafts”. That’s all.
What the video below to see how to do that:
Borrow Money Without Shame, Take Kuda Overdrafts
This is the first time I will see something like this aside from borrowing from telcos. Kuda Bank is really stepping up its game and it has been a great experience for us (customers).
I enjoy taking Kuda overdrafts without shame, no harassment, no room for getting stranded on cash. Just become a regular user, and you’ll enjoy the same experience.
But some people do ask; what if they fail or refuse to pay back the money they borrow from Kuda Bank? Well, I don’t know what will happen, but I’m sure Kuda Bank has a way to sort it out amicably or legally.
You can’t outsmart Kuda Bank if you’re thinking of taking the overdrafts “japa”. You can’t japa because security agencies will nab you. This is not a threat, remember I said Kuda Bank will never embarrass you like some loan sharks used to do.
But don’t be like those who plan to run away with Kuda Overdrafts without payment back, it’s not fair, you know.
This post “Kuda Overdrafts: Eligibility and How to Qualify to Borrow Money from Kuda Bank” first appeared on https://www.gbolamedia.com – Do not copy without permission.
How to Open a Domiciliary Account in Nigeria on ALAT App for FREE
Do you know that you can open a domiciliary account on your mobile phone without paying a dime or bringing any referee? Yes, you can do that!
Creating a domiciliary account in Nigeria is what many freelancers, business owners, and individuals are battling with, some succeed while some give up.
In this blog post, I will be showing you a step-by-step guide on how you can create a domiciliary account in the comfort of your home.
- Having a domiciliary account is like having a bank account abroad
- You can create a domiciliary account on ALAT.ng for free
- A Domiciliary account is not the best way to receive money abroad
- You can create either US Dollar, Euro, or GB Pounds domiciliary account or all on ALAT by Wema app
- The maximum withdrawal on ALAT.ng DOM account is $2,000 per day
What is a Domiciliary Account?
A Domiciliary account or simply a DOM account allows you to receive money in foreign currencies.
It’s simply like having a foreign bank account, let’s say in the USA, UK, or any country according to which type of domiciliary account you’re opening and which foreign bank did your local bank partnered with.
If you’ve been looking for a way to receive money from your clients or family member abroad, using a domiciliary account can be the best option especially during this Dollar-Naira inflation season.
But if you go to the likes of GT Bank and co., you will figure out that having a domiciliary account in Nigeria is more like “mission impossible” because the requirements are just too much.
For instance, the bank will ask you to bring two corporate account holders of that bank as referees and you must deposit $100 or more before you can be eligible to open a DOM account with them. Depositing $100 might not be the problem, but where are you going to see two corporate accounts holders that use the bank? Most people you’re familiar with are using a savings account.
It’s not their fault, that’s CBN policy to counter security issues. But does that mean we can’t get a domiciliary account in Nigeria if we can’t get those requirements? No!
We can get a domiciliary account on ALAT.ng for free and without using anybody as a referee.
How? That’s what I’m about to show you.
About ALAT by Wema Bank
Alat.ng or simply ALAT is a product by WEMA bank. According to the bank, ALAT is Nigeria’s first fully digital bank where you can manage your money on the go without visiting the branch office.
Well, I understand and care about that. The main point here is that ALAT is a digital bank owned by the WEMA Bank of Nigeria.
Now, before you can open a domiciliary account on ALAT.ng, you need to have a WEMA bank account to speed up the process, you definitely can come as an alien though 😉
Knowing that fully well, what are the requirement to create a DOM account on ALAT.ng?
Requirements to Get a Domiciliary Account on ALAT.ng
- ALAT app
- Utility Bill
- Government-issued ID (NIN Slip or International passport)
- Bank Verification Number (BVN)
- Two passport photograph
- And any amount ranging from N1,000 upward
Those are the things you need, and you’re good to go. Now, let’s talk about the big deal
How To Get Domiciliary Account in Nigeria on ALAT
Getting a domiciliary account on ALAT.ng is very easy, the requirement is easy too and they’re something you can get at your fingertip (as listed above). I will split this guide into two parts,
- Creating a WEMA bank account and
- Creating your domiciliary account
If you have a WEMA bank account, you can skip the first step and jump to step two.
# How to Create WEMA Bank Account
- Grab all the requirements listed above and let’s get them to work
- Visit any WEMA bank branch office in your area, tell them you want to open a new account
- Fill the account opening form and submit it
- They’ll ask for all the requirements I asked you to prepare, give them accordingly
- Deposit like a thousand naira to get your account activated (you can withdraw it later)
- Ensure your account is working, you can do a to-and-fro transfer to confirm
- That’s all.
Now, let’s open our domiciliary account
# How to Create Domiciliary Account on ALAT
You Need WEMA Bank Account
I believe you already have a working WEMA bank account, if you don’t have one, use the steps above to open one
Download ALAT Mobile App
Go to PlayStore (for Android) or your iOS Appstore and download an app called “ALAT by Wema” or simply search for ALAT and install it.
Sign up & login into Your Account
Open the app and sign in… You’ll be asked some questions like your BVN, name, date of birth, etc. Just make sure you answer everything correctly as you did when opening the Wema bank account.
You’ll also be required to upload a signature, you can sign on a piece of paper, snap it and upload.
The onboarding process is very easy, just make sure you fill everything correctly.
Do Some Transactions on ALAT app
Although this is not necessary, just do it. See if the ALAT app is working perfectly as I iterated earlier. Deposit some money and let’s create your domiciliary account now!
Start Creating the Domiciliary Account on the ALAT app
Here is how to create a domiciliary account in Nigeria on ALAT by Wema Bank:
- Open the app and make sure you’re on the front page. Then, click on “Accounts”
- At the top right corner of the new page you’re redirected to, click on “Create Account”
- Then click on “Domiciliary Account” – the first option probably
- Read the short information about the account and click on “Proceed” anyways
- Select currency. If you want US Dollar, Euro, or GBP domiciliary account, you can choose any
- Then click on “Create Account”
- Wait until the account is generated
- Congrats, you now have a domiciliary account in Nigeria without paying a dime!
That’s not all though, let’s talk about the frequently asked questions on the domiciliary account provided by ALAT (Wema Bank).
FAQs – Domiciliary Account on ALAT app
How can I receive money with my ALAT Domiciliary account?
To receive money into your ALAT domiciliary account, swipe to the account (e.g US Dollar) and click on “Fund Account”, the information needed to send to the sender will be displayed. Copy it and send it to the person who wants to send money to you.
Check the screenshot below:
Can I fund my ALAT domiciliary account myself?
No, you can’t. But if you need to save in foreign currencies like US Dollar, you can check this blog post on how to Save and Invest in US Dollar.
What is the maximum I can withdraw from my ALAT DOM account?
You’re currently using a DOM lite account, and the maximum you can withdraw is $2,000. If you want to withdraw more than that, you’ll need to visit the bank.
What is the Maximum I can receive into my ALAT domiciliary account?
No maximum, you can receive as much as possible. But note that you may be called for investigation if you receive more than $10,000 at once (according to CBN policy though).
Can I use my domiciliary account on ALAT to shop online?
Well, not really. You can use a domiciliary account to transfer and receive foreign currencies. But however, if you need a way to shop with a dollar card, there is a way to do that easily on the ALAT app.
How to Get Virtual Dollar Card on ALAT for Online Shopping
This is a “virtual”, not a physical card. Meaning that you can only see the card but you can’t hold it like your regular ATM card.
To get your virtual dollar card on ALAT, follow the steps below:
- Log in to ALAT on Mobile or Web.
- Tap on “Cards” on the main menu.
- Click on “ALAT Virtual Dollar Card”.
- You’ll be prompted to “Enter your ALAT Pin”
- Click on “Create Dollar Card”
- Fill in all required information to proceed.
- And that’s all.
If you have any questions regarding creating a domiciliary account in Nigeria or, on the ALAT app, feel free to use the comment box below to ask and I’ll be glad to help.
PS: I’m not a WEMA bank staff or agent.
WorldRemit Transfer: How to Send & Receive Money in Nigeria
WorldRemit Transfer is one of the best methods to send money to Nigeria, or receive money from your client or family member(s) Abroad.
But in case you don’t know how to use platforms like WorldRemit, and you really need a faster and cheaper way to make transaction, consider if your case is like “Jerry” below;
Jerry has always been obsessed with what he considers outrageous charges he pays while sending money home to friends, family and loved ones in Nigeria using the conventional money transfer platforms.
In one of these occasions he was advised by a cousin “James” who visited from the U.K to try out “WorldRemit Transfer” platform since that has been his personal brand lately having discovered they operate with a transfer fee he considers ridiculously cheap.
Jerry didn’t blink before jumping in to try it out, and what were his findings? WorldRemit was not only cheaper, it was swift, seamless and secured with varying delivery options in Nigeria.
Given this, if as a Nigerian, African, etc., who wishes to send money to Nigeria or any other African country for up-keep, medical, education, investment, building, freelance payment, etc.
WorldRemit Transfer may just be one of the viable options you will have to consider.
What is WorldRemit?
WorldRemit is a cross-border digital payment solution that provides international money transfer service. It’s a fast and secure service in which you can transfer money online via smartphone, computer or any other device.
This platform is designed in a way that you are not required to visit an agent location to facilitate your remittance, you are good at home, office, from the comfort of your desktop and mobile device.
Benefits of using the WorldRemit Transfer in Nigeria
Using WorldRemit Transfer service in Nigeria could benefit you in a number of ways, since it’s one of the most up-to-date money transfer platforms with requisite functionality.
- There’s no limitation (unlike PayPal) in sending money to Nigeria since the service is available to over 150 countries locally around the globe
- Unlike most money transfer platforms, WorldRemit is designed with a multi-currency functionality which allows you to send money in a preferred local currency
- It’s an instant transfer which avails the receiver immediate pick-up without delays considering remittances could be meant to serve emergency purposes
- Using the WorldRemit platform has never been questionable in terms of security and convenience giving money could be sent from the comfort of your mobile device using the service app.
Who can use the WorldRemit service
Everyone above 18 years old, capable of accessing financial services with a legal work permit and are duly not under any form of obligation/limitation as perceived by the Bureau of finance in the residence country can use WorldRemit.
Requirements to Use WorldRemit
To use the WorldRemit Transfer service, you are required to make provision for the following
- Valid Identity card as approved by the relevant authority in your residence country
- A WorldRemit app/agent location
- The beneficiary’s complete name and phone number
- A credit/debit card linked to your WorldRemit app
With the above information and condition strictly met, you are one leg into sending your remittance to Nigeria or any other country where this service is available.
How to Send Money to Nigeria/Africa with WorldRemit
Note: Sending money to Nigeria or any other country follows the same protocol and could be referred to as a one size fits all scenario.
Traditionally you can either send money in two ways;
- The WorldRemit app or
- From an agent location.
Considering the ease of doing things most users prefer the mobile app since you do not have to travel down to an agent location whatsoever.
To send money from an WorldRemit Agent location
- Indicate your intention at the agent location,
- You will be required to complete a transfer form
- Endeavor to provide the receiver’s name and phone number at the appropriate column
Note: If you capture any other name other than the receiver has on his/her valid ID card in Nigeria such transfers may experience delay and would not be paid out.
It’s advised that the receivers should send their complete name as contained on their valid ID card in Nigeria suitable for money transfer namely (National ID card, Voter’s card, International Passport, driver’s license and the BVN).
- Hand in the transfer amount to the agent
- The agent will process the transfer, thereafter you will receive the transaction details, usually the “8-digit” reference number, amount being sent and the sender’s complete name.
The receiver will receive a transaction alert on their mobile phone since it has been inputted on the system during transaction processing, in a situation they could not get a beep, kindly forward every necessary details across since they’ll need them for cash pick-up at any of the participating banks location in Nigeria.
Note: WorldRemit uses the “OTP” as a secondary security layer for a payout and why you must ensure the receiver’s phone number is correctly captured during transaction processing at the agent location.
To send money from your WorldRemit app
This is the easiest means to effect a transfer so far, to do this
- Kindly visit Google Play Store and download the “WorldRemit app” available on both IOS and operating systems.
- Having downloaded the app, you will need to sign up at once
- On successful sign up, kindly login to commence your transfer
Note: You are required to link your credit/debit card from where you are expected to pay for your remittance, hope that’s clear? Good.
- Click on the menu, tap on “How it works” enter the amount you wish to send and pick a delivery option either bank account or cash pick-up.
Where a bank account is preferred, the receiver will have to withdraw the remittance across the counter without visiting the money transfer department in Nigeria (banks).
Remittance can now be received in USD.
Banks that Supports WorldRemit in Nigeria
There are basically 5 participating banks namely:
- Polaris bank,
- First bank,
- Access bank,
- Fidelity bank and
If the receiver has an account with any of these banks, the money will be deposited in USD by creating an automatic Dollar account for such customers, all they’ll do is simply walk into the branch, fill a withdrawal slip and complete a withdrawal “asap.”
- In the next column, kindly enter the recipient details: complete name, phone number, and destination.
- Add your personal information as seen on the app
- Link your card and complete your payment
- On successful completion “8-digit” transaction reference will be generated alongside other details.
- Kindly forward same to the receiver in Nigeria or any other country with which he/she can claim the money at the bank.
How to Receive Money from WorldRemit in Nigeria
It is assumed that you have either received the transaction details straight to your mobile phone or you have received from the sender, or both. Whichever happens first, what matters is that the information has been received.
It’s time to proceed to the bank for your Cash pick-up.
Requirements for WorldRemit cash pick-up
- Transfer 8-digit reference number
- Sender complete details (name)
- Amount being sent
- Valid ID card (Voter’s card, National ID card, Driver’s license, International Passport and BVN) any of the listed ID’s can serve.
- A mobile phone number linked to the transaction
In Nigeria the only authorized agents are banks, so you are expected to visit any of the participating banks mainly Polaris bank, First bank, Access bank, Fidelity bank and GTBank.
Note: Receipt method is strictly dependent on the preference made by the sender while routing the remittance. It could be via bank account or cash pick-up.
- Where a bank account is the case:
You are required to visit the advised bank by the sender/WorldRemit, on arrival you will have to complete a withdrawal slip just like when you intend to withdraw from your naira account.
The difference here is that the currency and the amount column should be completed in USD, both in figure and words. Hand over the slip to the paying teller who should complete your payment without delays.
- Where you have been advised on cash pick-up
Kindly walk into any of the aforementioned banks, except where a particular bank is being advised. Enquire to see the money transfer teller.
You will be required to complete a WorldRemit transfer form, complete the form while paying attention to details. Return the same to the teller with your valid ID card having completed.
The teller verifies the ID and crosscheck your form against the transfer details on the system, where every other detail is in the right order.
Payment processing will send an “OTP” to your mobile phone number linked to the transfer initially.
You are required to communicate the “One Time Password” to the paying teller who inputs the same in the column required on his/her system to complete your payout finally.
Having completed the payout you will receive cash in USD.
Note: You are not to be paid in naira or any currency other than the USD at this time.
Take your money to the parallel market for exchange and start spending, do not forget to buy me a bottle of Coke afterward (smiles).
Frequently asked questions on WorldRemit transfers
Q1. WorldRemit transfer daily/limit to Nigeria?
Unlike other money transfer platforms, you can transfer as much as $5000 per transaction to Nigeria without weekly, monthly or quarterly restrictions. However, you will be required to provide additional information on the WorldRemit app for your “KYC” if you wish to send higher limits.
Q2. How to track/correct WorldRemit receiver details
There’s always a need to track your transfer to ascertain its status either available for payout or already paid out, there’s likewise a room to track and correct WorldRemit receiver details where there’s an error in receiver’s name which may delay a payout in Nigeria.
Given this, the receiver is expected to provide the sender with the right name sequence as seen on his/her valid ID card.
Q3. How long does WorldRemit take to Nigeria?
Transfers to Nigeria and other countries are usually instant without delays, the receiver can cash out the same day in event the money is meant for high priority reasons like medicals, travel, etc.
Q4. WorldRemit bank transfer?
You can actually receive a transfer via any of the participating banks as mentioned earlier. The money could be sent and an immediate account opened IRO your transaction or as cash pick-up across the counter.
Q5. Which other method can I use for Money Transfer Except WorldRemit in Nigeria?
Conclusion: You Can Start Using WorldRemit to Send & Receive Money
WorldRemit transfer is a competitive brand that has gained users over the last few years giving to its effective, secure, safe and swift service delivery enshrined in a seamless user experience. Money transfer has never been this easy.
Have questions on this topic you’d need clarity or on money transfer generally? Let’s get talking via the comment box.
About Guest Author
Raphael Orji is a freelance writer, content marketing strategist with unique experience in banking , finance, and money transfer. He works with small businesses, start-ups and entrepreneurs in building brand image with quality content marketing strategy. He blogs over Fintechngr.
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