Ecobank Introduces Money Transfer Via WhatsApp, SMS

Ecobank Introduces Money Transfer Via WhatsApp, SMS
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Ecobank says its customers are now able to transfer funds by Whatsapp and SMS  – new features available on the Bank’s Mobile App.

The Head, Consumer Banking Ecobank said that this is part of the bank’s innovation in digital banking, enabling customers perform their transactions conveniently.

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She also encourages customers and others to utilize this new addition to our digital self-service solutions. With this feature, a customer can transfer up to N50,000 without the beneficiary’s account number. The transfer can be initiated without the beneficiary providing an account number or deciding on which account to receive the funds into. For us as a bank, this is super convenient for money transfer.”

She further said, the process is simple and beneficiary can redeem the money sent in 3 simple steps; Receive the web link sent to his mobile number as SMS or WhatsApp message, click on the link to select bank and enter the account number, then, submit the request and senders account is immediately debited. The beneficiary account irrespective of the bank receives the credit instantly. 

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