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Venture Garden Group
Venture Garden also known as VGG offers FirstBank customers the convenience of receiving remittance funds from abroad directly into their bank account in USD from across the globe.
Product Information
Venture Garden also known as VGG offers FirstBank customers the convenience of receiving remittance funds from abroad directly into their bank account in USD from across the globe.
- Automatic creation of tier 1 domiciliary account for beneficiary with Naira account.
- Direct payment to recipient account in USD
- Convenience, speed, security, and no cost to customers
- Receiver does not pay any fee
- Transfer is available to receiver immediately the sender concludes the transaction
- Customer can access funds in all the Bank’s locations nationwide
- Service available nationwide from Monday to Friday and at selected locations on weekends and public holidays
- Customer shares either their Naira or USD account with sender
- Once transaction is sent by sender, Customer walks into any of our locations nationwide to receive funds in USD
- Where Naira account is shared with sender, the bank notifies recipient of the USD account where funds is paid into.
This service is available to anyone who is 18yrs and above.
FAQs
You can contact our Money Transfer Department via mail on Money_Transfer_Department@firstbanknigeria.com.
Alternatively, you can call 019057125, 019057144, 019057122, 019057142
We will automatically create tier one domiciliary account for remittance into Naira account and remit your funds in the new account.
Outbound transactions are not done through VGG, you can only receive through VGG.
Yes, all beneficiaries of international money transfer are eligible for this promo and would receive 5 Naira for every dollar received through their FirstBank account. This incentive payment is valid until discontinuation by the Central Bank of Nigeria.
Yes, all beneficiaries of International money transfer are eligible for this promo and would receive 5 Naira for every dollar received through their FirstBank account. This incentive payment is valid until discontinuation by the Central Bank of Nigeria.
There is no limit on the amount to be received.