ATM charges for withdrawals, transfers removed

Customers can now withdraw money from any of Standard Chartered Bank Automated Teller Machines without being charged N65.

During the launch of its digital bank on Monday, the bank announced that SMS notifications sent to customers and transfers within Nigeria “are absolutely free.”

It said the digital bank service was designed with continuous feedback from its clients, adding that it empowers customers to bank on their terms.

The bank also announced music icon, Damini Ogulu also known as ‘Burna Boy’, as its digital bank ambassador. It said Burna Boy would be promoting Standard Chartered Digital Bank in Nigeria by lending his voice and image rights through a series of marketing and other engagement activities over the next 12 months.

Commenting on the new collaboration, the Chief Executive Officer, Nigeria, Lamin Manjang, said, “We are thrilled to be working with the multitalented Burna Boy to launch our digital bank. “Burna Boy is an inspiration, not only due to his musical experience, but also because of his passion and commitment towards youth empowerment and placing Nigeria on the global scene.

“His passion for empowering the youths and positively amplifying the Nigerian brand are very much in line with the bank, making him an ideal partner for this momentous new offering.

“Going digital also means progression, not just for our business, but also for our clients, and we look forward to this new journey in banking.”