In December 2019, homegrown Malawian monetary establishment FDH Bank launched FDH WhatsApp Banking. This groundbreaking digital banking platform brings comfort and ease to prospects throughout Malawi, enabling them to entry banking companies on the go through their cell phone.
Talking with Nyasa Instances, Lorraine Lusinje, FDH Bank’s Public Relations Officer, defined that the service will allow prospects to entry banking companies and transact safety and safely straight from WhatsApp chat. She defined that, as a champion of progress, FDH Bank recognises the value of know-how in trade, fuelling monetary inclusion and growth, notably in an age the place apps like WhatsApp have turn into a fundamental instrument for communication and enterprise.
Ms Lusinji defined that by saving FDH’s 0880849079 WhatsApp Banking line, then sending a ‘Hi’ immediate to the quantity, purchasers obtain entry to an interface just like the FDH Cell banking platform, enabling them to pick and full numerous transactions.
FDH WhatApp Banking offers a wide range of totally different companies, together with invoice funds, steadiness enquiries, cash transfers, airtime purchases, and rather more.
FDH Bank Merchandise and Companies
FDH Bank offers a wide range of modern banking options to help the person wants of its private and company prospects.
Its International Forex Denominated Accounts facilitate deposits made through telegraphic switch, enabling non-exporter account holders to retain 100% of Foreign exchange receipts inside their account to transform into cash as and when wanted. As decided by present laws, exporters can retain as much as 60% of export proceeds. Each resident and non-resident prospects are eligible to open International Forex Denominated Accounts.
The FDH Diaspora Account is designed to help Malawians residing abroad, enabling them to keep up a bank account in Malawi whereas residing abroad. The account is open to each private prospects and companies and may function collateral for home credit score in step with the opening bank’s insurance policies.
FDH Private Present Accounts provide a wide range of versatile fee choices, offering month-to-month and periodic bank statements, a cheque guide, and borrowing services. Curiosity is utilized on the final day of every month, with loan and overdraft services out there upon software and account holders benefiting from a sweeping association between accounts.
FDH Enterprise Present Accounts present banking services for business prospects, with credit score curiosity calculated on the minimal month-to-month steadiness and capitalised on the final day of every month. Account statements are despatched out on a month-to-month foundation relying on buyer wants.
The FDH First Save Account is right for each city and rural markets. Prospects profit from a gorgeous rate of interest to avoid wasting for a brighter future. With a minimal opening deposit of MK200, prospects can open a First Save Account by presenting ID corresponding to a Passport, Nationwide ID, or Worker ID; a letter from their employer; and proof of residence at their native FDH Bank department. First Save Account holders profit from a free ATM card to make use of at ATMs nationwide.
FDH Bizarre Private Financial savings Accounts provide aggressive rates of interest that are capitalised month-to-month. Account holders can entry their cash always, in addition to benefiting from month-to-month borrowing services in opposition to financial savings. Bizarre Private Financial savings Account holders obtain biannual statements, with interim statements out there upon request. The minimal steadiness required to open an FDH Bizarre Private Financial savings Account is MK1,000.
FDH Premium Financial savings Account holders profit from an annual rate of interest of seven%. No month-to-month bank costs apply. Account holders obtain an ATM card.
FDH Bank prides itself on the standard of its companies for private and company purchasers, offering modern banking options to prospects throughout Malawi and past. By way of groundbreaking digital banking companies like FDH WhatsApp and FDH Cell, this main Malawian business bank hopes to create larger monetary inclusion, bringing comfort and ease to FDH prospects in all of their transactions.