Monday, February 2, 2026
25.7 C
Lagos

Ecobank Nigeria Unveils Money Transfer via SMS, WhatsApp

Ecobank Nigeria says its customers are now able to transfer funds by emailSMS and Whatsapp – new features available on the Bank’s Mobile App.

Speaking, Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this is part of the bank’s innovation in digital banking, enabling customers perform their transactions conveniently. She also spoke on the simplified and more appealing interface of the Mobile App, making it easier and convenient for people to transfer funds from their accounts with the App.

“This opportunity couldn’t have come at a better time when many people are self-isolating and keeping social distance due to the COVID-19. We have the responsibility as a bank to continue to innovate for the benefits of our teeming customers. 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.”

Mrs. Demola- Adeniyi further said, the process is simple and beneficiary can redeem the money sent in 3 simple steps; Receive the web link sent to his mobile number as SMS or WhatsApp message, click on the link to select bank and enter the account number, then, submit the request and senders account is immediately debited.

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.

She called on those who are yet to download the Ecobank Mobile app to do so without delay because of the attendant benefits.

“The Ecobank Mobile app allows you to enjoy our banking services instantly and conveniently on your mobile device. The app provides you with an easy channel to manage your account and perform financial transactions in a simple and secured manner. The app gives you access to affordable banking services and more, wherever you are, on your mobile 24/7, 365 days a year.”

spot_img
spot_img
spot_img

Hot this week

The Nigeria Prizes Open for Entries with Focus on AI, Poetry, Documentary Filmmaking

The Nigeria Prizes competition officially kicked off on Sunday...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Moniepoint Celebrates 10 Years of Impact, Microfinance Bank Reports N412tn Transactions in 2025

Moniepoint Inc., Nigeria's definitive platform for small businesses and...

PenCom, PFAs to Unveil PENCAP – Data Recapture Self-Service Platform Feb 1

The National Pension Commission (PenCom), in collaboration with Pension...

Topics

Rand Merchant Bank Nigeria Successfully Meets CBN Recapitalisation Requirement

In line with the Central Bank of Nigeria’s Banking...

Crown Flour Mill Reiterates Commitment to Food Security on World Whole Grain Day

As the global community celebrates the World Whole Grain...

ZTE Signs 5G R&D MoU with SoftBank

ZTE says that it has signed a deal with Japan's SoftBank to collaborate on research and development on pre 5G networks technology. Under the MOU, the two companies will cooperate on R&D, evaluation and verification of mobile communications solutions based on ZTE's Pre5G technology, including Massive MIMO (multiple input multiple output).

Olam to Speed Innovation to Address Global Food Security

 Olam International, in partnership with Agropolis Fondation, is on...

Linkage Assurance CEO among Top 25 Capital Market Performers in 2017

L-R: Mr. Abimbola Ogunbanjo, President of the Nigerian Stock Exchange(NSE)...

Emadeb Petroleum Achieves First Oil from Ibom Field

Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P)...

Emirates, Air Canada Form First-Ever Strategic Partnership

Emirates and Air Canada today announced the signing of...

Delphine Traoré Named CEO of Allianz Africa, Retains COO Spot

Delphine Traoré, Member of the Board of Management of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img