This Day (Lagos)

Nigeria: Diamond Bank Introduces Mobile Banking Truck

In a bid to take banking services closer to existing and potential customers, Diamond Bank Plc yesterday introduced the mobile banking truck. The bank described the platform as "a moving branch fortified with the latest technology."

The new service tagged 'Diamond-in-Motion', according to a statement, was launched by the Group Managing Director/Chief Executive Officer, Diamond Bank, Dr. Alex Otti, at the bank's head office in Lagos.

Under the service, customers can open new accounts, pay bills, save money, use ATM as well as make cash/cheque deposits and withdrawals. Otti described the mobile truck as "a full-fledged bank in motion."

Head Proposition and Liabilities, Diamond Bank, Mr. Olumide Akindele, described the new banking platform as part of the bank's strategy to take banking to the customers, adding that it would afford also them the convenience and opportunity to do transactions with ease.

He said the bank planned to acquire about 250 additional units of the mobile banking trucks for nation-wide rollout as part of the strategy to serve the unbanked population

Also speaking, Head Information Technology Operations, Diamond Bank, Mr. Steve Obiago, who said the initiative was part of the bank's strategy to drive the Central Bank of Nigeria's (CBN) cashless policy, added that it could be moved anywhere and customers would be able to utilise it in any location.

He said the service was done in collaboration with service providers and it could be moved to streets, remote villages and it is fully secured for both those working in it as well as the money in transit.

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