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.”

Hot this week

AIICO Wins 2026 Insurance Company of the Year at Nairametrics Capital Market Awards

Left - right: Akin Morakinyo (Registrar, Chartered Institute of...

CREDIBILITY MARKETING: THE MOST EXPENSIVE CURRENCY IN THE AI DIGITAL AGE

  By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

PUBLIC POSITIONING: WHY GREAT BRANDS MUST BE SEEN IN THE RIGHT PLACES

   By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

VISIBLE PROXIMITY: WHY THE FUTURE BELONGS TO BRANDS PEOPLE CAN CONSTANTLY SEE

  By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

Media, Public Trust Key to Security Success – Dr. Chike Duru

Associate Professor and Head of the Department of Mass...

Topics

New UN, UNDP Resident Representative, Samoura, Promises Full Support to Nigeria

United Nations (UN) Resident Co-ordinator and United Nations Development...

Continental Reinsurance Plc: Most Innovative Reinsurer Africa 2022

  Mr. Lawrence Nazare Group Managing Director/CEO Continental Reinsurance Plc The CFI.co judging...

SEC Canvasses Advanced Financial Inclusion by 2030

The Securities and Exchange Commission (SEC) has stressed the...

Global Airlines Financial Monitor: December 2018

The industry-wide EBIT profit margin remained broadly unchanged in...

Multiple Insurance Lines Potentially Affected by Ebola

As fears of an Ebola pandemic spread, many U.S....

AfDB Seeks US Support for $1.5bn Emergency Food Plan for Africa

The president of the African Development Bank Group, Dr....

WHO: ‘Global Death Rate of Coronavirus is 3.4%’

The World Health Organisation (WHO) has put the global...