Banking
KontoMoney plays a crucial role in extending banking services to underserved and remote communities in nigeria.
KontoMoney's agent banking services in Nigeria offer a comprehensive range of banking solutions, leveraging local agents to extend reach and accessibility. From basic banking transactions and fund transfers to loan services, savings and investments, insurance, government services, and financial education, KontoMoney ensures that all communities, especially those in remote and underserved areas, have access to essential financial services.
Dimensions of the banking services
Agents open new savings, current, and specialized accounts, handling KYC and activation.
Real-time cash deposits and withdrawals at convenient local agent locations.
Intra-bank and inter-bank transfers using NIBSS systems.
Pay electricity, water, gas, and telecommunication bills with real-time confirmation.
Mobile top-ups and TV recharges.
Access microloans and consumer loans through agents.
Pay loan installments for various loan types.
Open and manage fixed and recurring deposits.
Invest in government bonds and, in some cases, mutual funds.
Affordable life, health, and property insurance for low-income customers.
Facilitate Direct Benefit Transfers (DBT) and social security payments.
Balance inquiries, mini-statements, and support.
Efficient grievance redressal.
Assist with mobile and internet banking registration and usage.