Leading financial institution Fidelity Bank Plc has joined with BOSS Money, a quickly expanding supplier of money transfers in the United States, as part of its effort to offer smooth disbursement options to its over 7 million customers. Customers of Fidelity Bank would be able to receive money received from the United States at any of the 250 branches the bank has throughout Nigeria thanks to the arrangement.
IDT Corporation US's money transfer brand is called BOSS Money. Consumers can start transactions using the BOSS Money app, BOSS Money website, or a BOSS Money store that has been approved. For new users transferring up to $300, BOSS Money transfers are free.
Our cooperation with Boss Money is a show of our commitment to improve service delivery to our customers, particularly in the area of remittances, according to Desmond Ohamma, Group Head, Remittance and Diaspora Banking, Fidelity Bank Plc. By this collaboration, our customers now have a second way to receive money without any problems from abroad, and we are grateful that BOSS Money worked with us to make this happen.
Alfredo O'Hagan, SVP for Consumer Payments at IDT, said, "We are thrilled to work with Fidelity Bank to increase payout choices for our clients with friends and family in Nigeria. Together, we provide over 7 million Fidelity Bank account users in Nigeria a very easy, quick, and economical option to send money.
Almost 7 million customers are served by Fidelity Bank, a full-service commercial bank with 250 business locations and online banking services in Nigeria. The Bank was been named the Best SME Bank Nigeria 2022 by the World Banking & Finance Awards in recognition of its dedication to product innovation and sound corporate governance. For playing a pioneering role in providing loans to targeted sectors, the bank has received the Development Bank of Nigeria's 2022 Platinum Award. Also, it won two awards at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards: "MSME & Entrepreneurship Financing Bank of the Year" and "Fastest Growing Bank" in Nigeria.
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