How to transfer money to First Bank in Nigeria
The First Bank of Nigeria, also known simply as First Bank, is the largest bank in Nigeria with more than 14 million customers, 7,000 staff and 750 business offices. As well as having excellent coverage across Nigeria, First Bank also has locations in the UK, Beijing, Johannesburg and across Africa.
With so many Nigerians living abroad, international remittances are big business for First Bank. At WorldRemit, we offer a bank transfer service that makes it quick and easy to send money directly to the accounts of First Bank customers, from over 50 countries around the world.
How do you make a bank transfer to First Bank, Nigeria?
With WorldRemit, you can make a bank transfer to First Bank current and savings accounts on our website or app. Unfortunately, due to local regulations, we're not able to transfer directly to business accounts.
All you need to do is:
Visit our homepage and select Nigeria from the 'choose a country to send to' dropdown list
Select 'Bank transfer' as the preferred service
Set the payout-network as ‘Deposits to First Bank NGN accounts only’
Enter the amount you want to send
You’ll see our low fees and exchange rate upfront
Click ‘Send’ and you’ll be asked to create an account if you don’t already have one
Enter the details of your recipient, or choose someone you’ve sent to before
You and your recipient will receive SMS and/or email notification once the transfer is complete
What’s the fastest way to send money to Nigeria?
Typically, our cash pickup service is the fastest way to send money to Nigeria. However, our partnership with First Bank means that bank transfers can also be made within minutes, making it an extremely fast and effective way to send money to your loved ones quickly.
How much can you send to First Bank accounts?
You can send a maximum of 7,000,000 Nigerian Naira (NGN) per day to accounts at First Bank. However, lower limits may apply depending on the country you make the transfer from and your payment method.
What currencies can you send to First Bank accounts?
We can only send Nigerian Naira to First Bank accounts. That means we must convert your currency before the transfer can be made. We offer exchange rates that are consistently better than the banks on the US Dollar (USD), British Pound (GBP), Australian Dollar (Dollar), Euro and many more, so you can be sure you’re getting the best deal.