The latest version of First National Bank’s transactional banking app for smartphones now offers customers the ability to send money across the border to Zimbabwe and Mozambique.
FNB’s Zimbabwe money transfer service was first launched on cellphone banking in April 2013 to allow qualifying FNB customers in South Africa to send money to residents in Zimbabwe. The capability to send money to Zimbabwe through online banking followed in November 2013 and the Mozambique money transfer on both of these platforms was launched in June 2014.
Giuseppe Virgillito, head of the banking app, FNB Mobile and FNB Connect, says there is a growing need to for ease of payments between countries. “With an increase in affordable smartphones, more customers will be using app banking for all their banking needs.”
Recipients do not need to be preregistered, but must hold an identity document of the country where they are receiving the funds. Money can be collected at selected OK Ltd stores throughout Zimbabwe or at one of the 15 FNB branches in Mozambique. — (c) 2014 NewsCentral Media