Categories: Money Transfer

One of the challenges faced by International traders is the issue of distance. Sometimes the buyer (importer) and the seller (exporter) may never get to see each other, and there is a need to ensure that each party gets whatever they bargained for, especially the seller. This is where a letter of credit comes into play. In this comprehensive article, we shall extensively discuss this important document, its importance, and everything you need to know. Keep reading! Overview A letter of credit (LC) is an important document ensuring the seller receives his or her payment. It is usually given by the buyer to the seller through the bank. With this letter, the buyer is rest assured that his payment is guaranteed both in due time and in the right amount. Most of the banks that help prepare this document charge a fee. This means that banks do...

GTBank Transfer Code and USSD Code for Airtime and Data is a convenient and easy-to-use mobile banking service that allows GT Bank customers to perform various banking transactions from their mobile phones. With this service, customers can transfer money, buy airtime, pay bills, and even open a new account using just their mobile phones. The USSD code is a unique code that is used to access the service, and it is available to all GT Bank customers. This service is a great alternative to traditional banking methods, as it is fast, secure, and available 24/7, making banking transactions more accessible and convenient. How To Create An Account With GTB To create an account with Guaranty Trust Bank (GTB), follow these simple steps Visit the GTB website at www.gtbank.com Click on the "Login" button on the top right corner of the page. ...

Are you tired of the hassle of making payments through cash or traditional methods? Say hello to BreezePay, the new and innovative way to make payments that is fast, easy, and secure. In today's fast-paced world, we all need simple and convenient ways to send and receive payments. Whether paying a friend for dinner or receiving payments for your small business, BreezePay has got you covered. In this article, we will explain everything you need to know about this platform. Read on! Overview Of BreezePay Breezepay offers local and international transfers at market-leading rates. It pays your suppliers anywhere in multiple global currencies and receives payments directly into your account in Naira, USD, GDP, and EUR. BreezePay is a new payment platform that allows you to send and receive payments quickly and easily. It's designed to make...

10 best websites and apps to convert airtime and data to cash in Nigeria 2023. If you are looking for the best platforms to convert airtime to cash then this is precisely the article you need. We understand perfectly how awkward that moment is when you buy an excess recharge card or mobile data from your bank account and do not know what to do about it. Imagine buying N20, 000 airtime instead of N2,000. That could be frustrating. The truth is, it can be frustrating especially when you are sure there is nothing to do with the excess airtime. In fact, in the past, people tended to look for who would sell the excess airtime. Moreover, it is very difficult to find someone to sell that airtime to, and sometimes, you have no option but to sell below the price just to recover even if it is 80% of your money. How about now? The reverse is the...