MoneyGram is a safe, fast and reliable electronic funds transfer product that enables people send and receive money instantly from 150,000 in over 180 countries. Due to regulatory policy however, Nigeria is currently a receive-only location i.e monies can only be received in and not sent from Nigeria.

Features

• MoneyGram operates from over 150,000 agent locations in over 180 countries of the world
• Dollar pay-outs
• Customers need not be account holders with the bank to enjoy the service
• Payments to none account holders restricted to single or cumulalative transaction of $1000.00

Benefits

• It is affordable, easy and convenient to receive
• Customers pay no charges when receiving their money
• Customers need not be account holders with the bank to enjoy the service
• It is available in all UBA RedShops and over 700 UBA branches bank wide that are online real time

Target Market

• Account Holders and non account holders who receive monies from outside Nigeria.