• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Banking/Finance 201107

Prudential Bank Introduces ‘Transaction Alert Service’

22-Jul-2011
/ Banking/Finance, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

Prudential Bank Limited has introduced a new transaction alert service as part of the Bank’s strategy of modernising electronic banking services to increase its delivery channels, aimed at updating customers on their account information.

The Transaction Alert Service, christened alertWise, is a three-in-one technology solution which employs the use of e-mail and a mobile phone which allows customers to receive notifications through short messaging service and electronic mail anytime a transaction of interest occurs on their account.

Deputy Managing Director in charge of Finance and Administration of Prudential Bank, Mr. J. Okai Afranie, said the objective of the new product is to “keep customers abreast with their account information, giving them further convenience and also allowing them to make informed decisions”.

Mr. Afranie added that the product, which is applicable to all currencies, corporate, enterprise and individuals, is also aimed at preventing fraud, and help customers to query their accounts, by way of contacting their branch managers at all time.

The Prudential Bank alertWise service generates customer’s statements of account periodically through delivery to the customer’s email address, and a notification through the mobile phone SMS on the delivery of the e-statement.

The service is programmed to give notifications to customers on cash and cheque withdrawals, ATM withdrawals, cash deposits, other debit or credit transactions on account, and loan repayment reminders. Other notifications include standing orders, new cheque book issued, as well as periodic broadcasts.

Head of Electronic Banking of the Bank, Mr. Frank Afari Ankamah, said apart from the product offering benefits by way of updating customers on any activity on their account, it also seeks to reduce the number of times customers visit the Bank or ATM for basic account information.

He intimated that the introduction of the alertWise notification service is in fulfillment of the Bank’s commitment to providing new and innovative value-added services to meet the needs of its customers, adding that the product will “improve on customer service to make banking services more convenient and easy for customers”.

The new product, which is part of the Bank’s strategy of modernizing electronic banking services, has been decentralised in all 31 branches of the bank nationwide to herald other services such as the introduction of internet banking in August this year, as well as a Visa Master card, all geared towards providing internet banking services to ensure effective service delivery and convenience for clients.

Source: B&FT

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Standard Bank Remains Africa’s Top Bank In New Rankings Table

Next Post

SEC Okays Intercontinental and Access Bank Merger

 
 

More Stories

Priorities For Launch Of e-cedi Have changed - BoG
Legal Tussle In the Offing: ARB Apex Bank MD Alex Awuah and Board Chair Witch-hunting Former MD’s Associates?
Huawei Calls For A ‘Non-Stop’ Digital Future For Africa’s Banking Industry
Agency Banking Pioneer, Fidelity Bank Upgrades Offering With Revamped Agency Plus Points
Government Commences Payments On Outstanding Bonds - Finance Ministry
Local Banks At Risk Of Insolvency Under IFRS 9 – Study
Why Is Oil Trading Considered to be Reliable?
List of Famous Companies That Accept Bitcoin Payments!
Europe's Banks Sucked Into Global Rout As High Rates Reality Hits Home
Next Post

SEC Okays Intercontinental and Access Bank Merger

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Banking/Finance Stories

  • Priorities For Launch Of e-cedi Have changed - BoG

  • Legal Tussle In the Offing: ARB Apex Bank MD Alex Awuah and Board Chair Witch-hunting Former MD’s Associates?

  • Huawei Calls For A ‘Non-Stop’ Digital Future For Africa’s Banking Industry

  • Agency Banking Pioneer, Fidelity Bank Upgrades Offering With Revamped Agency Plus Points

  • Government Commences Payments On Outstanding Bonds - Finance Ministry

  • Local Banks At Risk Of Insolvency Under IFRS 9 – Study

  • Why Is Oil Trading Considered to be Reliable?

  • List of Famous Companies That Accept Bitcoin Payments!

  • Europe's Banks Sucked Into Global Rout As High Rates Reality Hits Home

  • Prioritise Liquidity To Survive Challenges – Absa Bank Tells SMEs

 

 
 

Popular Videos

Kokrokoo Live On Peace 104.3 FM (29/3/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (30/3/2023)

Peace Power Sports (29/3/2023)

I Thought You've Gone On Retirement - Nii Lante Vanderpuye Tells Sefa Kayi

Kokrokoo Discussion Segment On Peace 104.3 FM (31/3/2023)

Kokrokoo Live On Peace 104.3 FM (30/3/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media