![[Nigeria] Sterling Bank partners with Thunes for expat cross-border payments](http://gpa.net/cdn/shop/articles/bigstock-Nigerian-Currency--A-Folded-W-282829624_7368e2fa-e362-473c-8294-33c5988ddd3f_1200x.jpg?v=1768250704)
The Singapore-based fintech Thunes has announced a collaboration with Sterling Bank, one of Nigeria’s full-service commercial banks, to drive easy-access cross-border payments for Nigerians in the diaspora, Fintech Finance News reports.
Their partnership is intended to establish a new standard for cross-border payments, empowering Nigerians abroad with a swift, simple way to send funds home.
An estimated 17 million Nigerians live and work abroad, leading to a greater demand for fast, transparent and dependable financial connections back home.
By leveraging Thunes’ Direct Global Network, Sterling Bank is reportedly rolling out this enhanced capability across multiple European markets, offering overseas customers a more consistent way to support their families and manage finances.
New and existing Sterling Bank account holders can now enjoy seamless, instant payments across borders.
Recent research, released by Thunes, showed that sending money home is a regular and essential financial activity for nearly half (46 per cent) of diaspora consumers across Europe, comparable to paying rent or utilities.
Daniel Parreira - SVP, Sales Africa at Thunes - said, “Welcoming Sterling Bank to our Direct Global Network marks another significant milestone in our expansion across Africa, and the trust in our infrastructure across the continent. Together, we’re enabling a new level of convenience, speed, and confidence for customers managing finances across borders. This alliance demonstrates our ongoing dedication to making global money movement instant, transparent and accessible for all.”
Ayodeji Saba - Head, Switch & Remittances at Sterling Bank - said, “This partnership reflects Sterling Bank’s deep commitment to making it easier for Nigerians abroad to send money home. With Thunes’ trusted technology, we’re giving our customers a faster, more reliable, and more affordable way to fund their Sterling Bank accounts from their foreign bank accounts. It’s a major step forward in improving the experience for our diaspora community.”
Source: Fintech Finance News
(Links and quotes via original reporting)
The Singapore-based fintech Thunes has announced a collaboration with Sterling Bank, one of Nigeria’s full-service commercial banks, to drive easy-access cross-border payments for Nigerians in the diaspora, Fintech Finance News reports.
Their partnership is intended to establish a new standard for cross-border payments, empowering Nigerians abroad with a swift, simple way to send funds home.
An estimated 17 million Nigerians live and work abroad, leading to a greater demand for fast, transparent and dependable financial connections back home.
By leveraging Thunes’ Direct Global Network, Sterling Bank is reportedly rolling out this enhanced capability across multiple European markets, offering overseas customers a more consistent way to support their families and manage finances.
New and existing Sterling Bank account holders can now enjoy seamless, instant payments across borders.
Recent research, released by Thunes, showed that sending money home is a regular and essential financial activity for nearly half (46 per cent) of diaspora consumers across Europe, comparable to paying rent or utilities.
Daniel Parreira - SVP, Sales Africa at Thunes - said, “Welcoming Sterling Bank to our Direct Global Network marks another significant milestone in our expansion across Africa, and the trust in our infrastructure across the continent. Together, we’re enabling a new level of convenience, speed, and confidence for customers managing finances across borders. This alliance demonstrates our ongoing dedication to making global money movement instant, transparent and accessible for all.”
Ayodeji Saba - Head, Switch & Remittances at Sterling Bank - said, “This partnership reflects Sterling Bank’s deep commitment to making it easier for Nigerians abroad to send money home. With Thunes’ trusted technology, we’re giving our customers a faster, more reliable, and more affordable way to fund their Sterling Bank accounts from their foreign bank accounts. It’s a major step forward in improving the experience for our diaspora community.”
Source: Fintech Finance News
(Links and quotes via original reporting)
