Hello Nairalanders,

Many Peer to Peer (P2P), Business to Business (B2B), B2P and P2B money transfer service giants exist today, with outstanding features like;

1. Acceptance of your local currency for Out-bound transfers.
2. Use of real/official exchange rate.
3. Zero transfer charges for First timers.
4. Huge savings on transfer charges especially when compared to conventional bank charges. Average of 80% savings.
5. Instant transfers to some countries.
6. Elimination of delays, unnecessary paper works and other bottle necks.
7. Safety and security of your funds.
8. Convenience.
9. Transparency :- zero/no hidden fees.
10. Etc

Good and Golden examples of such bodies are:
1. Transferwise.com
2. Currencyfair.com
3. Worldremit.com
4. Xoom.com
5. Just to mention a few.

Unfortunately many of them offers only In-bound services in Nigeria and none is presently offering Out-bound Money Transfer Services.

No doubt, their Out-bound money transfer services if introduced will force the price of the dollar in the parallel market to fall. Does anyone have a contrary opinion?

More so, their Out-bound services could lead to the collapse and death of the parallel market. ( Job loss). Do you think otherwise?

Well, the Real Question are...

1. Will these bodies ever offer Out-bound Money Transfer Services in Nigeria?

2. Do you think there is a Western conspiracy or a profitable political and economic power agenda hindering these bodies from offering Out-bound services in Nigeria?

3. Inbound services without outbound defeats the P2P concept which is the basis on which they operate. One without the other creates a huge imbalance.

Let's hear you Nairalanders as I would love to tweet this link to the founders of these money transfer services.