Proshare Logo
   Market Date: 02-09-2014   
Agriculture All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

CBN Directive on Cash Lodgements: Our Solutions

Category: Investors NewsBeat


  Read (2834)
CBN Directive on Cash Lodgements: Our Solutions

 December 2, 2011


FCMB is pleased to inform you that we have put together a variety of products to help you manage this transition with minimal negative impact to your business. This communication will be sent to you in two parts – Payment and Collection Options and Electronic Products.

Point of Sales (POS) Terminals – A solution for your electronic sales collection as your customers can make payments for goods/services using their cards. The POS terminals can also be linked to your billing, accounting and inventory management system and used for various other transactions including:

  • *Cash-back to customers (to help reduce physical cash at your premises)
  • *Air time recharge
  • *Bill payment – PHCN, DSTV, etc
  • *Mini-statement printing

FCMB Instant Pay – The best alternative to cash payments currently available in the market as beneficiaries receive funds instantly, FCMB Instant Pay is an account-number-based, online real-time Inter-Bank Funds Transfer product. Instant Pay can be accessed by you at our branches, using our Internet Banking, Mobile and Web (e-Commerce) platforms. It is also available to non FCMB account holders.

Direct Debit transfer – An ideal solution for collecting frequent small cash deposits - collection of insurance premiums, utility, cable etc. – from any bank in Nigeria. It also provides an efficient platform to draw funds from your account across banks and enables streamlining and automation of the collection process.
Inter/Intrabank payments via the internet – FCMB Internet banking solutions support all payments modes available such as:

  • *RTGS
  • *NEFT
  • *Instant funds transfer
  • *Prepaid Card Schemes for manufacturers

FCMB’s Mobile Banking: With our Mobile Banking solution funds are transferred and beneficiaries receive credit into their accounts instantly. Cash can also be withdrawn from FCMB ATMs for non-account holders. For details of Mobile money/agent solutions that will assist you in dispensing of cash please note the contact details below.
For all other further enquires on any of our solutions kindly contact your relationship manager or our Transaction Banking team. You may visit any FCMB branch closest to you, call our contact centre on 01- 2798800, 0700FCMBMyBANK or send a mail to
customersolutions@firstcitygroup.com

 

http://www.proshareng.com/quote/FCMB

 

 



Tags: , 



Comment With Your Facebook or Yahoo! ID


Latest news


News on Investors NewsBeat

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Newsletter
Contact Us
Message from CEO
Resources

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
WebTV
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

#1minNews
News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Newsletters
Discussion Forum
Policy

Subscriber Agreement
Privacy Policy
Data Policy
Disclaimer
Copyright Policy
Trademarks
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Training
Legal Support Services
Web/Technology Services
File a Complaint