The country’s biggest customer based and people’s most efficient financial service provider, the Sierra Leone Commercial Bank (SLCB), in partnership with Orange Money, Wednesday 12th August, 2020 unveiled an amazing and convenient electronic money service ‘Bank to Wallet’ offer during colourful event held at the bank’s headquarters, Siaka Steven Street, Freetown.
The ‘Bank to Wallet’ service is a means of transferring money from SLCB customer’s account to his /her Orange Money wallet and vice versa. It is mobile money service that enables Orange Money subscribers withdraw and deposit cash from their SLCB account to Orange Money Wallet and vice versa.
Launching the ultramodern electronic cash transfer service clearly manifest SLCB and Orange Money continued collective determinations in actualizing Government’s objective of enhancing financial inclusion in Sierra Leone, with both formal and the informal sectors fully in mind.
Officially launching the product, SLCB Managing Director, Mr. Abdul Fidelis Turay expressed delight at the collaborations with Orange Money, pointing out that the alliance is designed to reach a larger customer base at every level of the financial sectors.
He said that SLCB Orange Money Bank to Wallet/ Wallet to Bank (B2W/W2B) product is set to ensure that SLCB’s customers access to their money on a 24/7 basis from wherever they have the Orange network in the country and even beyond.
Mr Turay said that the advantage of this electronic platform is that, it saves transaction time in going to banking halls.
Deputy Managing Director SLCB, Mr Bockarie Kaloko his bank and Orange Money have come a long way in bringing the service to their customers to enable them access cash at any time round the clock. He described the moment as one of bank’s the happiest days, adding that they have been on the journey for the past three years and were finally there, as he referred to the product as the best ever in electronic money service delivery.
He articulated fervent believe that the service is very true as a better offer for the bank’s customers.
For his part, the Chief Executive Officer Orange Money, David Mansaray also expressed Orange Money’s profound delight to partner with the Sierra Leone Commercial Bank; a tie he said is to step forward the wider objective of their collective goals towards further development within the sector.
“Like previous speakers said, we have been on the push for three years now and we are finally here and we should celebrate the moment as it is a wider step towards financial inclusion in Sierra Leone,” said Mr Mansaray, and furthered that the rate of financial inclusion in Sierra Leone stands at 20% which means that the country has a long way to go.
The Orange Money CEO therefore encouraged Orange SL staff to be account holders at the SLCB.
