Friday, February 27, 2026
25.4 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

TeamApt Partners Awabah, PenCom to Power Micro-Pension for Nigeria’s Informal Economy

L-R: Dennis Ajalie, Chief Executive Officer, TeamApt Limited (a...

ITU Report: 6bn People Connected Online, 2.2bn Offline Globally

The world's online population grew by more than 240...

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Union Bank: Cardoso’s Remarks at MPC Meeting Aligns with Our Recapitalisation Journey

Union Bank of Nigeria has issued a statement reaffirming...

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Topics

NCC Unveils New EVC/CEO, Aminu Maida

Aminu Maida Executive Vice Chairman/Chief Executive Officer Nigerian Communications Commission (NCC)   Dr....

Niteo Partners Green Glass Africa for Bespoke Power Solutions

The quest to improve access to power and thus...

Fidelity Bank Stock Records Over 20% Growth Following Combined Offer

Growing investor confidence and strong market participation have continued...

Africa, ME IT Spend to Top $111bn in 2016

Annual IT spending in the Middle East and Africa...

Renmoney Partners Freshworks on Better Customer Engagement

Renmoney one of Nigeria’s leading fintech companies, has deployed Freshworks customer engagement...

Global Airlines Financial Monitor: March 2017

Despite an improved performance by European carriers, the...

FG to Obasanjo: “Buhari Has Performed Creditably”

Buhari (left) and Obasanjo The Federal Government has replied former...

Kano Massacre: The Menace of Hard Drugs, Intervention Campaign by NDLEA

By Mahmud Isa Yola On the noon of Saturday, I...
spot_img

Related Articles

Popular Categories

spot_imgspot_img