Diaspora Banking | Ecowas Diaspora Bank • Money Transfer Options

These are the various channels of transferring money within and outside of the bank.

The services available are:

Swift Transfer - Transfer of Funds from Other Banks abroad to banks in Benin and Vice Versa. The transfer is effected same day
Real Time Gross Settlement (RTGS) - This is our online banking system which customers can use to make same day transfers to other banks in Benin.
Electronic Funds Transfer (EFT) - Transfer of Funds from Ecowas Diaspora Banking to other banks in Benin. The transfer takes one day.
International Electronic Funds Transfer (IEFT) - Transfer of Funds from Ecowas Diaspora Banking to other banks overseas. The transfer takes between 7 - 21 days.
Account Linking - This enables registered users to be able to link all their accounts to the internet banking platform.
Internal Funds Transfer - Transfer of funds from one account to another within Ecowas Diaspora Banking in all currencies.
Standing Orders - This is suitable for individuals with recurrent transfer needs e.g. Rent, Fees, Savings etc.

Western Union
We are authorized agents for Western Union services, the services can be accessed from any of our over 140 branches in Benin.

MoneyGram
We are authorized agents for MoneyGram services, the services can be accessed from any of our over 140 branches in Benin.