BY JULIA NDLELA
As part of its expansion drive, Pan African financial services outfit, BancABC’s remittance service, City Hopper,ย has partnered local telecommunications company TelOne to increase domestic remittance points.
TelOne becomes the bankโs pilot City Hopper Agency countrywide, with more agents earmarked for roll-out soon.
Speaking at the partnership launch, BancABC, managing director and chief executive, Lance Mambondiani said the bank aims to provide ease of access and convenience to the countryโs financial services access.
The City Hopper Agency pilot was launched today at @TelOneZW in the Harare CBD.
Here's to celebrating new partnerships ๐ฅ#ATeam ๐#CityToCity #FreshThinking ๐ญ #SmartBanking ๐ฆ pic.twitter.com/XVYx5Mgs4k
— BancABC Zimbabwe (@BancabcZW) August 3, 2022
โBancABC is passionate about providing relevant, reliable and timely solutions to address our clientโs everyday problems. We are excited to offer effective banking solutions to all communities working together with progressive partners like TelOne,โ Mambondiani said.
BancABC became pioneers in domestic remittance when they launched the City Hopper Service in 2020 as a solution for sending and receiving of foreign currency across Zimbabwe, for both BancABC customers and non-account holders.
#๐๐ง๐๐ข๐๐ญ๐ฎ๐ซ๐๐ฌ
๐ด@BancabcZW, @TelOneZW ๐ฉ๐๐ซ๐ญ๐ง๐๐ซ ๐ญ๐จ ๐ฅ๐๐ฎ๐ง๐๐ก ๐๐ข๐ญ๐ฒ ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ ๐๐ง๐๐ฒ
๐ธ @HilaryMaradzika pic.twitter.com/kuAXUyIxUG— NewsDay Zimbabwe (@NewsDayZimbabwe) August 3, 2022
At a charge of just 3%, Bone can instantly send US dollars and South African Rands to anyone in the country.
TelOne managing director Chipo Mutasa said: โWe are excited to be BancABCโs first partner on this ground-breaking innovation and we look forward to extending the convenience of this product through a network of shops across the entire country.โ
