FNB\u2019s Money Transfer service to Zimbabwe has seen cross-border money sending double in the past year, the bank said.<\/p>\n
The service, which launched on Cellphone Banking in April 2013, was launched on the FNB Banking App in September last year, and has since seen transfers expand by 102%.<\/p>\n
\u201cWith so many Zimbabweans reliant on receiving money from their family members who work in South Africa, the ease and convenience of FNB\u2019s Money Transfer service is evident in the growth in sends and repeat usage by customers,\u201d said Leonora Van der Plas, Head of Cross-Border Remittances at FNB.<\/p>\n
FNB has expanded its cash-out points in Zimbabwe, and is now available in 33 OK stores. The service is now being rolled out to even more outlets, FNB said.<\/p>\n
The group\u00a0also launched its Mozambique Money Transfer in April 2014, where recipients can collect funds at any of the 15 branches in FNB Mozambique, the bank said.<\/p>\n
FNB app offers cross-border transfers<\/a><\/strong><\/p>\n FNB takes mobile money to Zim<\/a><\/strong><\/p>\n FNB launches cardless cash withdrawals at ATMs<\/a><\/strong><\/p>\n