COVID-19: Access Bank introduces Dual Transaction Service to enable customers access more funds

As the number of Coronavirus cases rises in Nigeria, Access Bank PLC has positioned itself at the top of the list of donors in a private sector co-operative intervention aimed to assist the Federal Government in the fight against COVID-19. The Central Bank of Nigeria (CBN) announced this yesterday in a press statement aimed to keep the public abreast of the progress being made to defeat COVID-19 by all key players.

The Private Sector Coalition Against COVID-19, which was set up at the onset of the pandemic by Access Bank, in collaboration with The Dangote Foundation, has as of Wednesday, April 1st, 2020, raised N15.32bn.

Earlier in the week, the Group Managing Director, Access Bank PLC, Herbert Wigwe, had assured the public of the Bank’s commitment to, “support the government and the National Centre for Disease Control (NCDC) by providing facilities that can serve as both testing and isolation centres.”

Going further to cater to the needs of customers in the wake of the enforced lockdown in Nigeria and many other countries, Access Bank Plc has introduced a Dual Transaction Service (DTS) – an enhanced debit card service that provides access to credit at the same time.

According to Wigwe, “We have been encouraging our customers to stay safe and connected by going cashless while using our various digital channels. Access Bank is in touch with the reality of the restrictions to activities and recognize that our customers may need an extra boost during this period. Hence, rather than have customers go through the rigours of applying for a credit card, we will give them access to more funds using their existing debit cards.

This service is available to all Bank customers who earn N20,000 and above. Customers can also access 3 times the value of their salary during this period of restricted movement.

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