Dipo Olowookere
By Dipo Olowookere
An agency banking outlet has been launched by Ecobank Nigeria at an Airtel express shop in Mowe Ofada, Ogun State.
This, the bank explained, is in line with its determination to convert Airtel franchise locations to Agent banking locations.
The Ecobank Agency Banking service, which is the first of its kind to debut in Nigeria, is aimed at offering affordable access to financial services to promote and deepen financial inclusion in the Nigeria economy.
According to Head of Consumer Distribution at Ecobank Nigeria, Mr Tunde Kuponiyi, agency banking is a part of the bank’s distribution strategy to take banking service to the door-step of the customer, adding that, it offers greater convenience and accessible financial services in a cost effective and secure manner.
With the new establishment, members of the public can now carry out their financial transactions such as Cash-in; Cash-out; Transfers to Ecobank and other banks, bill payments and Rapid transfer for inflow cash-out and domestic transfers in the outlet.
Banking services provided by the agents banking locations include opening Ecobank Quick Account, cash withdrawal and deposit into Ecobank accounts; funds transfers into any bank account in Nigeria, bills payment (utilities, cable subscription, etc), mobile phone airtime top up amongst other services.
Some of Ecobank agent partners already offering this service in Lagos as Buymore Supermarket chain (in Agungi-Lekki, Kilo Surulere, Ikeja GRA), Kenzo Retail Supermarket chain (in Lekki, Festac and Apapa) and Save-a-Lot Supermarket in Egbeda, among others.
