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Francis Irele introduces Mtxpress money transfer service

Published by Tribune on Tue, 15 Nov 2011


Nigerians are wonderfully intelligent people. They are all over the world proving their mettle. But regretfully, the Western media always focuses on the activities of the derelict few whose activities are the ones being given exposure while the brain work and intellectual products of the majority are kept behind the news.One of the very few Nigerians who are finding ways of ensuring that Nigerians get a fair deal in Britain, particularly in money transfer services is Francis Irele.Over the years, Nigerians in the UK have been subjected to various forms of exploitation by the few companies that offer money transfer services.Apart from the excessive commission, the money transferred takes hours, sometimes days before it could be cashed, thus making nonsense of the effort.The need to put a stop to this ineffectiveness prompted Francis Irele and others in association with Equatorial Bank decided to float mtxpress.The unique part of this is that you do it yourself.According to Irele 'mtxpress is the fastest, the safest and the simplest. You just register with us and you set up your account through ETB and you send your money straight down from your own internet connection to the beneficiary. And the fund will be available in few seconds with no hidden charges, and there will be instant electronic confirmation of the transaction to both parties.'He pointed out that the rates were very low, For instance, if you sent 10 pounds, you pay one pound. You pay three pounds on 11 to 25 pounds, and five pounds on 126 to 300 pounds. We have to make it that low for Nigerians to have access to efficiently reliable and predictable money transfer services.
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