Housing Finance Bank opens 23,000 Quickteller agents to its Uganda customers
Housing Finance Bank has partnered with Interswitch so customers can deposit, withdraw and check balances at Quickteller agents across Uganda. The deal, announced on Wednesday, aims to cut trips to bank branches.
Housing Finance Bank (HFB) customers in Uganda can now do routine banking at more than 23,000 Quickteller agent outlets. The bank announced the partnership with payments firm Interswitch on Wednesday, the Nile Post reported. Customers can deposit cash, withdraw money and check balances without visiting a branch. The agents operate in urban centres, peri-urban areas and rural trading centres. The outlets also offer extended operating hours. The bank said the deal would grow its alternative banking channels. It would also shorten the distance customers travel for everyday transactions. The process is simple. To deposit, a customer gives the agent their account number, account name and the amount. To withdraw, they present their HFB debit card at the agent's point-of-sale terminal and enter a four-digit PIN. The same card works for balance checks, which show real-time account information. Robert K. Mugabe,…
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