Sierra Leone Commercial Bank (SLCB), the biggest customer based and people’s bank in Sierra Leone in partnership with Orange Money today Wednesday 12th August, 2020 launched a remarkable and convenient electronic money service ‘bank to wallet’ held at the Bank’s Headquarters, Siaka Steven Street, Freetown.
The bank to wallet is a mean of transferring money from customer’s SLCB Account to his /her Orange Money wallet and vice versa. It is a mobile money service at which Orange Money subscribers withdraw and deposit cash from SLCB Account to Orange Money Wallet and vice versa.
The launching of this service is a clear manifestation that SLCB is taking the lead in actualizing the government’s objective of enhancing financial inclusion in the country.
Making his statement, SLCB Managing DirectorAbdul Fidelis Turay underscored the significance of the partnership saying this alliance is designed to reach a large customer base both in the formal and informal financial sectors.
He said that SLCB Orange Money Bank to wallet/ Wallet to Bank (B2W/W2B) product is one that will ensure that SLCB’s customers have access to their money 24/7 from wherever they have the Orange network.
He said that the advantage of this electronic platform is that it reduces transaction time in going to a banking hall.
By Marilyn King
