Remitly

About Remitly

The Remitly money transfer service is a convenient payment service available to beneficiaries in Nigeria as cash pick up or account deposit remittances . Remitly is a global money transfer and payments company with a network spanning across America, Europe, Asia, Africa, Philippines and Australia.

Guaranty Trust Bank Ltd has partnered with Remitly to offer a value-added payment service (Business to Business - B2B, Business to Person - B2P and Person to Person - P2P) to beneficiaries in Nigeria.

Remittances are processed in GTBank via the options below;

Naira cash pick up service in any GTBank branch
Account deposit service into any GTBank Naira account
Account deposit service into any 3rd party bank Naira account

Service Requirements and Benefits

Funds must be sent in customer’s account first name and surname
Available to all GTBank account holders and non-GTBank account holders
Funds are deposited in Naira into an account (GTBank/3rd party bank) or cash pickup
Customer must have an active Naira account. (10-digit numeric NUBAN Naira account number)
Per CBN’s mandate, the Naira equivalent of proceeds over $200 shall be paid into an account
Non-GTBank customers can also pick up cash over the counter with the required regulatory IDs.
For cash pick-up and transfers, customer must present a valid ID card (BVN, International Passport, etc).
The exact amount of funds is received, beneficiary is not charged for fees.