FCMB introduces ‘book now, fly later’, offering up to N10m for air travel

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First City Monument Bank (FCMB) and 247 Travels have launched ‘Book Now, Fly Later’, a financing programme that allows eligible customers to borrow up to ¦ 10 million for international flight tickets and repay over three to nine months.

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The programme is designed to help Nigerians spread travel costs for business, education, healthcare, tourism, and family commitments.

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The facility, powered by FCMB Premium Banking, is available exclusively for airline tickets purchased through 247 Travels.

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Salaried and self-employed FCMB customers who meet the bank’s requirements can apply, with successful applicants expected to receive approval and disbursement within 24 working hours.

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The partnership combines FCMB’s lending capabilities with 247 Travels’ booking services to offer customers a flexible payment option as demand for instalment-based financing grows globally.

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“At FCMB, we believe banking should empower people to pursue their goals without unnecessary financial strain,” FCMB Managing Director YemisiEdun said.

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“Our Book Now, Fly Later solution makes travel more accessible and affordable while giving customers flexibility to manage their finances responsibly,” Edun stated.

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She said the initiative aligns with the bank’s broader strategy of promoting inclusive growth through innovation and partnerships.

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“We will continue to develop products and partnerships that simplify financial decisions and create value for our customers,” Edun added.

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TunjiAdeyemi, Managing Director of 247 Travels, said the programme addresses a key challenge for travellers by reducing the burden of paying the full cost of tickets upfront.

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“Travellers increasingly want flexibility and convenience,” Adeyemi said. “Our partnership with FCMB enables customers to secure flights and spread payments over time.”

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OpeyemiMakinwa, FCMB’s Group Head of Premium Banking, said the product reflects the bank’s focus on lifestyle offerings through strategic partnerships.

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“Customers expect financial services that fit naturally into their lives,” Makinwa said. “Book Now, Fly Later provides greater flexibility and financial control.”

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Customers can apply through FCMB’s Book Now, Fly Later platform or the 247 Travels website by selecting a preferred flight and completing a financing request. Once approved, the loan is disbursed, and the ticket is issued through 247 Travels.

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