Monday, September 8, 2025
23.9 C
Lagos

Stanbic IBTC Unveils Flex Border to Ease Cross-Border Transactions

Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc, has announced the introduction of the Stanbic IBTC Flex Border, a newly added feature on its digital platforms aimed at simplifying customers’ experience with international payments and cross-border transactions.

The Flex Border feature will enable Stanbic IBTC domiciliary account holders make direct international fund transfers to other foreign denominated accounts on the Bank’s Mobile App.

The Bank stated that the initiative was part of efforts aimed at providing world-class innovative banking products and services to help individuals and businesses navigate the post-Covid-19 global economic downturn while satisfying customers’ needs and lifestyles. The new feature also allows customers to enjoy quick, seamless, and flexible foreign transactions on the go on its Mobile App.

Wole Adeniyi, Chief Executive, Stanbic IBTC Bank Plc, while commenting on the new feature, said it would help customers conveniently carry out global transactions irrespective of their location.

Wole said: “We are pleased to introduce the Flex Border feature to make the cross-border banking experience seamless while eliminating the hassle of walking into a physical bank. Our goal remains to provide cutting-edge solutions by leveraging technology to ease the process through which our customers transfer money internationally. With the Flex Border product, customers can now send funds in all major international currencies from the Stanbic IBTC Mobile App.”

Wole noted that with the simplicity and improved functionality of the Stanbic IBTC Mobile App, the bank provides customers with an improved and secure banking platform to transact seamlessly from the comfort of their homes.

He further assured the Bank’s customers of the organisation’s commitment to providing convenient and accessible banking solutions to carry out their transactions from any part of the world.

spot_img
spot_img

Hot this week

Nigeria, Brazil Central Banks Deepen Economic, Financial Co-operation

Nigeria’s Central Bank Governor, Olayemi Cardoso, has held talks...

Ecobank Nigeria to Host Second Edition of Design & Build, Showcasing Premier Innovators in Design, Construction

Ecobank Nigeria, a subsidiary of the leading pan-African banking...

Expert: Fintech, Financial Inclusion Critical for Sustainable Growth of Nigerian Economy

A renowned economist, Dr. Biodun Adedipe, the Chief Consultant/CEO,...

Sterling Bank Marks One Year of Africa’s Groundbreaking Core Banking System

Number one Best Workplace in Banking in Nigeria and...

Topics

Niger Insurance: Transforming & Repositioning for Excellence, Growth

L-R: EKPERAHWA JAMES (HEAD, FINANCE & ACCOUNT), ALESHINLOYE ROTIMI...

Paramount Unveils Armoured Vehicle for Global Defence Market

Paramount Group, the African-based global defence and aerospace company,...

133m Nigerians Lack Access to Financial Inclusion, Risk Poverty—Adeduro 

Mr. Mayowa Adeduro Managing Director/CEO Tangerine General Insurance Limited Mr. Mayowa Adeduro,...

‘Get Your Remittances in Dollars’–Ecobank

In a reaction to the recent announcement by the...

Stanbic IBTC Bank Unveils Savings Challenge for @ease Wallet Holders

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings...

World Bank: 573m People in sub-Saharan Africa Lack Electricity

Despite significant progress in recent years, the world is...

Africa, Middle East Virtual Reality Market to top $6bn in 2020

The Middle East and Africa (MEA) augmented and virtual...

The Malaria: The Scourge of Africa

One Million Deaths Per Year (85% in sub-Saharan Africa) $12bn...
spot_img

Related Articles

Popular Categories

spot_imgspot_img