Standard Chartered launches Internet Banking in Ghana

Standard Chartered Bank announced today that it has launched internet banking ('iBanking') in Ghana. This new product will provide Standard Chartered Bank's customers in Ghana with access to banking 24 hours a day, 7 days a week – anywhere in the world, at any time- from the convenience of a secured web based portal.

Launching the product, Mr. Benjamin Mensah, SCB Ghana's Value Stream General Manager for Wealth Management, Transaction Banking and Insurance, said “We are all excited about iBanking. It is an absolutely FREE, simple, hassle-free and secure internet banking service available to Standard Chartered customers anywhere, anytime.

Our customers are now able to check their balances and transaction details, transfer money to business partners, family and friends, pay utility bills, enquire on daily forex rates, request for cheque books and statements etc. from the comfort of their offices or homes without having to visit a brick and mortar branch.”

Commenting, Francis C. Mills-Robertson, Executive Director, Consumer Banking, said: “The launch of internet banking will enable us to significantly enhance our service to our customers in Ghana. We did not rush into internet banking, but joined a group effort by Standard Chartered Bank Worldwide to develop a robust, secure internet banking portal.

We differentiate our Brand through our ability to leverage on our international expertise and product capabilities to introduce best-in-class services into the Ghanaian market. The launch of our internet banking product in Ghana is yet another example of this competitive advantage, and further evidence that we are continuing to invest heavily in Ghana.”

The launch of iBanking in Ghana is the latest in a list of 'alternative banking channels' introduced by Standard Chartered Bank in Africa throughout 2008. 'Alternative banking channels' include innovative products and services such as ATMs, Mobile-phone Banking and e-statements, which provide customers with greater flexibility in their banking requirements, enabling them to sort their finances at their own convenience, in their own time, in the knowledge their finances are completely secure.

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