Banking and Finance

Stanbic IBTC Introduces Flex Border to Ease Cross-Border Transactions

Stanbic IBTC Bank Plc has introduced 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 to 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, said the new feature will 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.

 

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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