What is agent banking?

 

Agent Outlet



Agent banking is a limited scale banking and financial service for for those living in remote areas across the country through person under a valid agency agreement rather than a teller or cashier. agent banking is an additional delivery channel that can enhance the convenience and outreach of quality and affordable financial service particularly t the underserved in a more cost-efficient manner. Agent banking is the provision of financial services to customers by a third party (Agent) on behalf of a licensed deposit taking financial institution and mobile money operator.

Post a Comment

Previous Post Next Post