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Kenya

Equity eyes East African regional trade through cross-border banking

NAIROBI, Kenya, Oct 5 – Equity Bank seeks to boost East African regional trade through the introduction of real-time cross-border payments and banking solutions.

The borderless banking payment will enable seamless financial transactions for its customers in Kenyan, Ugandan, Tanzanian, Rwandan, and South Sudanese subsidiaries.

Through this, the lender’s 18 million clients will have immediate access to their accounts, making it faster to transfer, deposit, and withdraw funds.

“Customers across the region can now effortlessly deposit funds into any Equity Bank account, withdraw funds from any Equity Bank ATM, transfer funds to other Equity Bank accounts within countries Equity has presence in, and make payments for goods and services,” the lender said in a statement.

“This service has seamlessly integrated into the lender’s Equity Mobile and Equity Online platforms, bringing banking convenience to your fingertips.”

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