Wednesday, August 20, 2025
22.3 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

NAICOM, SEC Initiates Partnership to Drive Insurance Sector Reforms

The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin paid...

How Power Outages Threaten Nigeria’s Digital Economy Dream

By Elvis Eromosele Recently, I found myself inside a multi-storied...

Tinubu Commissions WAGL’s 40,000 CBM LPG Vessel in South Korea

Dignitaries at the naming ceremony of the 40,000 cubic...

NCC to Partner ATCON on National Digital Infrastructure Development

KEYNOTE ADDRESS BY DR. AMINU MAIDA, EXECUTIVE VICE-CHAIRMAN OF...

Tinubu Approves N16.7bn for Reconstruction of Mokwa Bridge in Niger State

President Bola Tinubu has approved the release of N16.7...

Topics

Sovereign Trust Insurance: N2.5bn Claims Payment in 9 Months

Olaotan Soyinka Managing Director/CEO Sovereign Trust Insurance Plc Sovereign Trust Insurance Plc...

Linkage Assurance: How New Brand Identity Will Drive Market Leadership

L-R: Humphrey Ozegbe, Head, Human Capital; Okanlawon Adelagun, Executive...

NIA Raises over N500m for Building Project

Mrs Bola Omole, Controller IT,  Research & Statistics, Chairman...

Silk Road on Rails: The China-Europe Block Trains

The biggest story coming out of China today is...

Rhapsody of Realities Hits 7,000 Languages, Hosts #ReachOutWorldLive

At a global programme tagged REACHOUT WORLD LIVE WITH...

iStore Unveils latest Apple iPad Pro Product

"As the home of everything Apple, iStore is proud...

Olashore International School Receives Osun State Award

Olashore International School has been conferred with the award...

Bloom Weekend 2025: Empowering Women to Lead, Innovate, Thrive

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

Related Articles

Popular Categories

spot_imgspot_img