StanChart goes paperless

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Kiyapili Sibanda, Business Reporter
STANDARD Chartered Bank is going paperless to embrace electronic and mobile banking payments.

The bank advised its customers to register on their digital platforms as Real Time Gross Settlements (RTGS) and Telegraphic Transfer (TT) instructions would no longer be accepted as from August 31, 2017.

“Standard Chartered is going paperless as from 31 August 2017; RTGS and TT instructions will no longer be accepted in the branches.

“To avoid any inconvenience, please ensure that you register on our award-winning digital platforms and  do your banking anytime, anywhere,” reads the statement.

The bank said customers would be able to do all their services that are available on their digital platforms like checking balance, Zesa top-up, airtime buying and DStv subscriptions with ease in the comfort of their homes or on the go.

In June this year, Standard Chartered Bank pegged its loan book at $450 million for 2017 as it works towards supporting the country’s productive sectors.

The Government has been calling for financial institutions to channel credit towards the productive sectors as a way of supporting local industry, as opposed to individual lending.

@Kiyaz_Cool

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