Wednesday, July 30, 2025
24 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
spot_img

Hot this week

Two NCDMB Leaders Bag Doctorate Degrees at UNIPORT Convocation

Two senior officials of the Nigerian Content Development and...

Sovereign Trust Insurance Reports 109% Insurance Revenue Growth in 2024

Sovereign Trust Insurance Plc recently released its 2024 audited...

NAICOM Issues Guidelines for Insurtech Operations Effective Aug 1

The National Insurance Commission (NAICOM) has officially issued operational...

Leadway Assurance: Official Insurance Partner of Lagos International Trade Fair 2025

L–R: Juliet Okon, Head, Alternative Channel and High Net-worth...

NNPCL: Port Harcourt Refinery Not for Sale

Group CEO, NNPC Limited, Engr. Bashir Bayo Ojulari addressing...

Topics

Stanbic IBTC:  Winners Emerge in Reward4Saving Promo Season 2

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

Emirates FA Cup Sponsorship Extended to 2021

Emirates and the English Football Association have announced a...

Nigeria Leads in 43% Remittances Growth to Africa in 2019

Leading mobile payments company WorldRemit saw a 43% growth...

Fidelity Bank Distributes Food Packs to Families in Keffi

Leading financial institution -Fidelity Bank Plc -has distributed food...

Market Statistics: Thursday, 12th October 2017

Market Cap (N'bn)              12,643.9 Market...

Stanbic IBTC Pensions to Sponsor 4th Edition of Art X Lagos

Stanbic IBTC Pension Managers Limited (SIPML), a subsidiary of...

CBN: eNaira Poses no Threat to Financial Stability

The attention of the Central Bank of Nigeria (CBN)...
spot_img

Related Articles

Popular Categories

spot_imgspot_img