To follow the market trend you require the latest market information. Our market news provides you with up to date information as to what obtains in every market.
[2008-07-11] NIC Bank launches online banking system NIC Bank has launched a new online banking system that will enable its customers get easy access to banking services.
Dubbed NIC online, the new system is fully transactional meaning that a customer can, in addition to checking bank balances online, also receive and make payments.
Corporate banking director, Mr Alan Dodd, said the new system is in line with the bank’s strategy to offer customers easy access to its financial services.
“We have spent a lot of time in establishing what our customers want and we believe this is a remarkable value proposition for them. NIC customers will now be able to make transactions from the comfort of their office desks without necessarily having to physically visit the bank. It is an absolutely hassle-free system,” said Mr Dodd.
“The costs to access NIC online are relatively cheap compared to the bank branch charges. We believe that customers will be happy with the affordability of this channel vis-à-vis the benefits the system offers,” he said.
Among the features of the system is the e-pay, which allows corporate and business customers to make lump sum batch transfers such as salaries and supplier payments and also send out dividend and pension payments
