Covid-19: Ecobank introduces fee-free electronic transactions to support clients

Banking
Friday, 10 April 2020 10:41
Covid-19: Ecobank introduces fee-free electronic transactions to support clients

(Togo First) - In addition to the measures it announced to curb the spread of the Covid-19, Ecobank Transnational Incorporated (ETI) has established fee-free electronic transactions.

According to the information disclosed on April 9, 2020, Ecobank clients will not pay fees when sending money via SMS or e-mails. The same applies for invoice payments, transfers via e-cards and operations via the bank’s app. Even Money transfers from Ecobank to other banks is fee-free.

The idea, the bank informs, is to help clients during the health crisis caused by the Covid-19. Ecobank Togo, under the government’s Coronavirus preventive measures, encourages clients to use electronic transaction methods, like ATMs, as much as possible.

Also, it temporarily suspended its operations in some of its agencies. Only 17 of its agencies are now operating in the whole country, with strict respect for preventive measures, we learn.

Séna Akoda

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