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![JAY-Z (L) and spatial LABS Founder, Iddris Sandu (R) [Photo Credit : Lenny “Kodaklens” Santiago]](https://i1.wp.com/techmoran.com/wp-content/uploads/2021/10/IMG_7024-scaled.jpg?resize=120%2C86&ssl=1)
When you transfer money to other banks in Nigeria, you are charged between N80 and N100 by your bank. They do not waste time in sending you the alert of the deductions.
Many bank customers have complained bitterly about these charges which are outrageous to no avail. Hence, when banks announce that they made as much as N138 billion from electronic payment charges in 2016 it did not shock anyone. In 2015, N109.1 billion was paid to the banks. This is quite on the high side considering the rise in the electronic transactions customers performed.
Well, you do not need to pay as much as these bank charges for your transaction anymore because there are now reliable platforms and startups that have been established for you to transfer and receive money. This is in conjunction with the banks and Central Bank of Nigeria.
One of them is Thrivesend which is a quick, secure and easy money transfer solution via your Nigerian issued or International ATM Cards to any bank account in Nigeria at a transaction fee of 45 Naira only. That is the catch!
![JAY-Z (L) and spatial LABS Founder, Iddris Sandu (R) [Photo Credit : Lenny “Kodaklens” Santiago]](https://i1.wp.com/techmoran.com/wp-content/uploads/2021/10/IMG_7024-scaled.jpg?resize=350%2C250&ssl=1)
