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FCMB bank transfer charges

FCMB (First City Monument Bank) is one of the leading financial institutions in Nigeria, providing a range of banking products and services to individuals and businesses. One of the most popular services offered by FCMB is bank transfers, which enable customers to send and receive money quickly and securely. However, like all banks, FCMB charges fees for its transfer services, and it’s important to understand these charges before making a transaction. FCMB bank transfer charges

Read Also: Gtbank savings account transfer limit; how to increase my daily transfer limit on gtbank

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FCMB Bank Transfer Charges:

FCMB charges different fees for different types of bank transfers, including:

  1. Intra-bank transfers (between FCMB accounts) – This type of transfer is free of charge.
  2. Inter-bank transfers (between FCMB and other banks) – FCMB charges N52.50 for transfers below N500,000, and N105 for transfers above N500,000. Information Guide Nigeria
  3. International transfers – FCMB charges N1,050 for transfers below $500, and 0.2% of the transfer amount for transfers above $500.

It’s important to note that these charges are subject to change, and customers are advised to check the FCMB website or contact the bank directly for the latest information.

Read Also: How To Transfer Money From GTBank To Zenith

How to avoid FCMB bank transfer charges:

While FCMB charges fees for its transfer services, there are some ways to avoid these charges, including:

  1. Use FCMB online banking – FCMB customers can use the bank’s online banking platform to make transfers without incurring any charges. This service is available 24/7 and can be accessed from anywhere in the world.
  2. Use FCMB mobile banking – FCMB customers can also use the bank’s mobile banking app to make transfers. This service is free of charge and can be accessed using a smartphone or tablet.
  3. Use the right account type – FCMB offers a range of account types, some of which come with free transfer services. Customers are advised to choose an account that suits their needs and offers the most cost-effective transfer options.20 Best Kitchen Utensils and Gadgets in Nigeria and their Prices 

FCMB is a reliable and trusted financial institution that provides a range of banking products and services to its customers. While the bank charges fees for its transfer services, there are ways to avoid these charges and save money. Customers are advised to choose the right account type and use online and mobile banking services to make transfers whenever possible. By understanding FCMB’s transfer charges and using these tips, customers can make the most of their banking experience and save money in the process.

Read Also: How To Activate Zenith Bank Transfer Code

FCMB international transfer details

FCMB (First City Monument Bank) is a leading financial institution in Nigeria with a growing presence across the African continent. The bank offers a range of financial services including international money transfers to customers who need to send money to their loved ones or conduct business transactions outside Nigeria.

If you are planning to send money abroad from Nigeria, it is important to understand the FCMB international transfer details to ensure a smooth and seamless transfer. In this article, we will outline the steps involved in making an international transfer with FCMB and provide important information that you need to know.

Step 1: Open an FCMB Account

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To make an international transfer with FCMB, you must first have an account with the bank. You can visit any FCMB branch to open an account or use the bank’s online platform to open an account. Once your account is open, you will be given a debit card and access to the bank’s internet banking platform.

Step 2: Activate Your Debit Card

Before you can make an international transfer, you must activate your debit card. You can do this by visiting any FCMB branch or by calling the bank’s customer service line. Once your card is activated, you can use it to transfer money to any country in the world.

Step 3: Register for FCMB Internet Banking

To make an international transfer online, you must register for FCMB internet banking. This can be done by visiting any FCMB branch or by visiting the bank’s website. Once you are registered, you will be given a username and password that you can use to log in to the internet banking platform.

Step 4: Add Beneficiary

To send money to an international beneficiary, you must first add the beneficiary’s details to your account. You will need to provide the beneficiary’s full name, bank name, bank account number, and the SWIFT/BIC code of the bank. The SWIFT/BIC code is a unique code that identifies a particular bank and is required for international transfers. 8 Best Google Mobile Phones in Nigeria and their prices

Read Also: How To Transfer More Than 20000 On UBA

Step 5: Initiate Transfer Romantic Love Messages

Once you have added the beneficiary’s details to your account, you can initiate the transfer. You can do this by logging in to your FCMB internet banking platform and selecting the “international transfer” option. You will be asked to provide the amount you want to transfer and the beneficiary’s bank details. You will also be given the option to pay for the transfer in Naira or in the currency of the beneficiary’s country.

Step 6: Confirm the Transfer

After providing all the necessary details, you will be asked to confirm the transfer. You will be shown the exchange rate, the fees, and the total amount that will be deducted from your account. Once you confirm the transfer, the money will be sent to the beneficiary’s account.

Important Information to Know JAMB Portal

  • FCMB charges a fee for international transfers. The fee varies depending on the amount being transferred and the destination country.
  • International transfers can take up to 5 business days to be completed depending on the destination country and the receiving bank.
  • FCMB uses the SWIFT network to process international transfers. This is a secure and reliable network that is used by banks all over the world. Good Morning Love Message
  • It is important to ensure that the beneficiary’s bank details are correct before initiating the transfer. FCMB will not be responsible for any errors made by the sender. NYSC Portal

Read Also: How To Do Mobile Transfer On Zenith Bank

In conclusion, sending money abroad with FCMB is a straightforward process that can be completed online or in person. It is important to have all the necessary information before initiating the transfer to ensure a seamless and hassle-free transaction. With the right information and a little bit of planning, you can send money to your loved ones or conduct business transactions with ease using FCMB’s international transfer services.


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