“This opportunity couldn’t havecome at a better time whenmany people are self-isolatingand keeping social distance dueto the COVID-19. We have theresponsibility as a bank tocontinue to innovate for thebenefits of our teemingcustomers.
“We encourage our customers
and others to utilize this new
addition to our digital self-
service solutions. With this
feature, a customer can
transfer up to N50,000 without
the beneficiary’s account
number. The transfer can be
initiated without the
beneficiary providing an
account number or deciding on
which account to receive the
funds into. For us as a bank,
this is super convenient for
money transfer.”
How to Initiate The Transfer
Beneficiaries can redeem the money senti inthree simple steps:
1. Receive the web link sent to his mobile
number as SMS or WhatsApp message,
2. Click on the link to select bank and
enter the account number, then, submit
the request and senders account is
immediately debited.
3. The beneficiary account irrespective of
the bank receives the credit instantly.
The process is secure, convenient and
funds are in local currency and do not
leave the senders account until the
beneficiary initiates the redemption into
the destination account.
All this feature is available on the new
redesign mobile app.
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