Addressing journalists during the launch in Blantyre, FDH Bank Head of Personal and Business Banking, Kawawa Msapato, said the bank is interested in seeing people opening savings accounts with at least K20, 000 and connecting them to FDH Mobile.
“Customers who are already on FDH Mobile can also qualify into the draw of this promotion by maintaining a balance of K50,000 a month in a savings account. Furthermore, those that transact on FDH Mobile at least five times a month either on bill payments, airtime purchase, transfers or cash outs stand a chance of winning great prizes in this promotion.
“We also want to see those that are registered on the mobile platform transacting regularly and taking control of their own financial transactions without going to a branch of the bank. Moving with the times is always crucial. Nowadays it is not the fittest who survive but those that adapt to change quickly. Times are changing and we need to get in line with developments,” Msapato said.
Msapato said it is high time the country embraced a savings culture as well as mobile transactions, describing them as “two revolutions”.
He said, while saving is not easy, the best time to start saving was now, putting an individual in a better position to react to emergencies, prepare for retirement and other unforeseen circumstances.
“On the other hand everything and everyone is going digital. We need to work towards meeting the needs of our customers by giving them the best possible financial solutions that meet the demands of the market and the industry. As part of this promotion, we are also encouraging people to transact on mobile, on top of savings.
“Talking about FDH Mobile, this is a state-of-the-art mobile service that remains one of a kind on the market. Smart Pay, Agency Banking, Cardless Withdrawal, Mobile Wallet are found on this menu. You can access it by dialing *525# or downloading the app in your mobile phone. We want to see more and more people register for this platform and experience the power it gives them right at their fingertips. It is a time-saving and convenient platform,” Msapato said.