Moneygram and Springbank Collaborate
 1st OCT 2006

Moneygram International Monetary Transfer and Springbank have agreed a partnership to provide money transfer services to Nigerians abroad.

At a ceremony to mark the commencement of the relationship in Lagos last week, Mr. Mike Chukwu, Managing Director, Springbank Plc, said his bank decided to collaborate with Moneygram on the basis that has a strong network which made money transfer safe, easy and fast.

“It gives us great pleasure to hook up to the Moneygram network and enjoy the network opportunities”, Chukwu said. “We are confident that in the next few months the relationship will transform into a series of opportunities for both parties.”

Springbank’s 183 branches provide the vital network which will give Moneygram customers easy access. Springbank’s position as an emerging and customer-driven bank provides Moneygram the right profile as a key agent to partner with. Named by the influential Banker Magazine as one of the top 1,000 banks in the world, it now has asset value of N140 billion.

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