He added that the promotion is also one of the way of promoting financial inclusion, a directive which is championed by the Reserve Bank of Malawi, to ensure that everyone takes part in financial services in the country.
“FDH Bank has taken a lead in the introduction of better digital banking through the development of our recent Ufulu Digital account, whereby customers open their own account remotely by the use of the mobile phone. It takes less time to open the account and does not incur monthly charges. It is time saving and convenient platform that seeks to address issues on financial inclusion by providing essential banking services to the unbanked masses,” he said.
The Bank introduced Ufulu Digital Account to meet the needs of customers through the provision of possible financial solutions that meet the demands of the market and the industry.
The Kutcheza Makwacha promotion will run for three months from 19th November up to 19th February. Customers can enter the promotion by depositing K20, 000 which they will save on a monthly basis. The more the customers make monthly deposit of K20, 000 and keeps it in the bank, the higher the chances of winning in the promotion. The promotion will see ten people walking away with K50, 000, one person will win K500, 000 and another person will win K1 million as the grand prize.
WRITTEN BY GERIDA KALIPINDE (NATION)