First Bank of Nigeria Limited has raised the bars in mobile app transfer by increasing the limit to N1 million.
The bank’s FirstMobile Lifestyle app which was previously pegged at maximum of N500,000 daily limit moves to N1 million, thereby lessening the burden of its customers.
A statement by the First Bank Head of Digital Banking, Mrs. Folasade Femi-Lawal, on Monday stated that the bank will continue to leverage on evolving technologies to support consumers’ lifestyle.
She also affirmed that N150,000 could now be transferred through the app to First Bank account as well as to other banks accounts without the use of a token.
The new plan Femi-Lawal said, is aimed at providing customers with a suite of financial options in a convenient and highly secure environment.
She said: “This development is expected to boost convenience and ease of banking as well as enhance customers’ digital banking experience in line with the bank’s commitment to offer value-added services.
“With the mobile banking app, customers can enjoy real-time mobile banking services, such as domestic funds transfer from self-owned accounts to First Bank accounts and other banks’ accounts.
“They can also make quick airtime purchase for self and others on all mobile networks; bills payment; cheque services, including confirm cheque and stop cheque; flight bookings.
“The app also allows for quick account services, such as account balance inquiry, statement view and much more”, the statement added.