Wednesday, May 13, 2026
28 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

Leadway Assurance Partners FRSC to Reward Safety-Compliant Motorists Through ‘Arrive Alive Campaign’

L–R: Team Lead, Reinsurance, Specialty Risk & Global Client...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

By Goke Ilesanmi Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group,...

Mutual Benefits Delights Customers with ₦5.5bn April Claims Payout

Mutual Benefits Assurance Plc has announced the payment of...

Topics

Diamond Bank Earnings: Succumbing to Cost & Regulatory Pressures?

Diamond Bank Plc recently published its audited FY: 2014 and Q1:2015 results on March 30, 2015 and April 13, 2015 respectively on the floor of the Nigerian Stock Exchange (NSE). The results show mixed performances at the top and bottom lines. We present the highlights of the FY: 2014 result, Q1:2015 and our 2015 estimates below:

NIA Backs NAICOM on Publication of Outstanding Claims by Insurers

L-R: Mr. Kunle Ahmed, Chairman, NIA and Mrs. Bola...

NASENI, AFIT Strengthen Ties on AAVDI, Made-in-Nigeria Helicopter

L-R: Dr Bashir Gwandu, Executive Vice-Chairman and Chief Executive...

Recapitalisation: NAICOM Adopts Risk-Based Capital Model, 12-Month Deadline

IMPLEMENTATION OF THE NEW MINIMUM CAPITAL REQUIREMENT (MCR) PRESCRIBED...

Siemens, Anglo American Partner on Digital Skills Development in Africa

Currently, one of the most debated topics influencing innovation...
spot_img

Related Articles

Popular Categories

spot_imgspot_img