Sterling Bank Plc has launched a new mobile banking application known as I-invest in a bid to encourage people to build a savings and investment culture.
The new application is supported on Android and IOS devices.
The Chief Marketing Officer of the bank, Mr. Dapo Martins, said in a statement on Thursday that the mobile application would provide customers with a secure, fast and convenient way to access investment opportunities hitherto reserved for the elite.
The new application would also provide customers access to an array of treasury bill investments to enable them to match their investment maturities with their needs, the lender added.
Some of the advantages of the application include saving time for the customer instead of chasing his account officer around or waiting in the bank.
Also, any other bank customers can access the offerings through the application.
To register, the lender said that potential customer needed to have a Bank Verification Number, valid phone number, utility bill, and valid means of identification such as driver’s license or national identity card or international passport.
The statement read in part, “A customer can either fund his account with a debit card or pay at any branch of a bank and his account will be funded real time. Also, a customer can top up directly from his mobile banking platform.
“If a customer wants to invest, he will select from the list of available securities, enter the amount to invest and confirm the transaction. The minimum amount one can invest is N100,000. Interest accrues daily, while the investment amount and interest will be credited to the customer’s account on maturity.”
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