Nigeria

Account Channel

Service Specification

TypeDescription
Direct to Bank methodDirect credit to bank account in Nigerian Naira (NGN).
Supported beneficiary account type – individual
Supported Sender type - Individual. (above 18 years old)
Transaction Turnaround Time· Real-time: 24x7 (within 15 minutes)
Area availabilityNigeria nationwide
Validation / Verification· No account validation or verification available.
Amount receivedBeneficiary received net amount as specified by Sender
Transaction LimitMaximum per Transaction NGN 1,000,000.00
Minimum per Transaction NGN 1,000.00
Compliance accumulated limit NGN 3,000,000.00 per day

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
RemarksSender and Beneficiary Phone Number is mandatory (With country code in front)
If unsuccessful transaction, transaction will be hold at Partner side, and will be rejected after 24 hr
Please ensure the sender id is valid, as repeated sender need to pass same sender id
Do_Transfer bAccType Value1

Supported Bank

NoNameIssuer Code
1EcoBank234001
2FCMB Bank234002
3Diamond Bank234003
4Fidelity Bank234004
5First Bank of Nigeria234005
6Guaranty Trust bank234006
7Heritage Bank234007
8Jaiz Bank234008
9Keystone Bank Limited234009
10Mainstreet Bank Limited234010
11Polaris Bank234011
12Stanbic IBTC Bank234012
13Sterling Bank234013
14Union Bank234014
15Unity Bank234016
16Wema Bank234017
17Zenith International234018
18United Bank for Africa234015

Electronic Wallet

Service Specification

TypeDescription
Cash-out MethodDirect credit to ewallet account in Nigerian Naira (NGN).
Supported beneficiary account type – individual
Supported Sender type - Individual.
Transaction Turnaround Time· Real-time: 24x7 (within 15 minutes)
Area availabilityNigeria nationwide
Validation / Verification· No account validation or verification available.
Amount receivedBeneficiary received net amount as specified by Sender
Transaction LimitMaximum per Transaction NGN 5,000,000.00
Minimum per Transaction NGN 1,000.00
Compliance accumulated limit NGN 3,000,000.00 per day

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
RemarksSender and Beneficiary Phone Number is mandatory (With country code in front)
If unsuccessful transaction, transaction will be hold at Partner side, and will be rejected after 24 hr
Please ensure the sender id is valid, as repeated sender need to pass same sender id
Do_Transfer bAccType Value2

List of E-Wallet Service

NoNameIssuer Code
1Nigeria PAGAEWPAGA