Stanbic IBTC Makes Cross-Border Transactions Easier

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By Aduragbemi Omiyale

A feature aimed at simplifying customers’ experience with international payments and cross-border transactions has been added to the digital platforms of Stanbic IBTC Bank Plc.

The initiative called Stanbic IBTC Flex Border will enable domiciliary account holders to make direct international fund transfers to other foreign denominated accounts on the bank’s mobile app.

This new feature will also help customers conveniently carry out global transactions irrespective of their location, the chief executive officer of Stanbic IBTC Bank, Mr Wole Adeniyi, explained.

“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,” Mr Adeniyi stated.

He noted that with the simplicity and improved functionality of the Stanbic IBTC mobile app, the lender 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.

It was gathered that the Stanbic IBTC Flex Border is 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.

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