Leadership (Abuja)
Amaka Ifeakandu
9 November 2009
Lagos — FinBank Plc. has expressed willingness to treat its customers to unique banking services at the on-going Lagos International Trade Fair, which commenced last Friday, with tailor-made products and personalised services. Products on display at the Fair include, FlashMeCash, FinSave, Leaders Education Account Plan (LEAP) and Esteem account, among others.
FlashMeCash is a mobile payment solution that allows various payments via phones and internet, and has proved to be a convenient tool for money transfer, payment for government levies and fees, on-line airtime voucher recharge at a discount and DSTV subscription payment. FlashMeCash relies on the bank's expansive branch network, the e-kiosks, internet and GSM phones to serve its numerous customers.
It is considered that any person with a GSM phone is a potential customer of FinBank in view of the fact that whoever receives payment through the phone on the FlashMeCash platform, automatically becomes an account holder. It offers the ability to make payments and withdrawals through third parties, via the mobile phone, using a virtual account.
This reduces the attendant cash handling risks and cash handling charges. FlashMeCash also allows local funds transfer to both account and non-account holders of the bank. The showcasing of the FlashMeCash at this year's Fair will give the bank yet another opportunity to demonstrate the simplicity and user friendliness of its electronic payment products. The bank is also showcasing other savings and current account products with unique features. FINSAVE is hybrid savings account, with unique features that not only allows you meet your financial goals, but also makes saving a more rewarding experience.
It offers competitive interest rates and allows dividend warrants and third party withdrawals nationwide. It is charge-on-transaction (COT) free and entitles the account holder to FlashMeCash membership. Esteem is a zero COT current account, designed to meet the needs of fairly high volume non-borrowing customers that are averse to COT charges. It is an effective option, which allows dividend warrants, and third party withdrawal.
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