FINCA Microfinance Bank Joins 1LINK Network to offer ‘IBFT’ Service

The Inter-Bank Fund Transfer Facility (IBFT) service launch will open new possibilities for FINCA Pakistan customers.

27 November, 2014: FINCA Microfinance Bank Ltd, Pakistan’s leading microfinance bank, has introduced Inter-Bank Fund Transfer Facility (IBFT), a fast, secure and convenient service which allows customers to transfer funds between all 1LINK member banks. FINCA Microfinance Bank, offering various innovative banking services, continues to empower its customers with further convenient payment delivery channels.

The IBFT facility can be used 24/7 through FINCA ATMs. The facility will enable FINCA account holders to transfer funds from any FINCA ATM to any other 1LINK member bank account within a matter of seconds. FINCA Microfinance bank being one of the most widespread microfinance banks in Pakistan has over 96 branches located in more than 80 cities.

Commenting on the launch of IBFT service, Mr. Mudassar Aqil, CEO FINCA Microfinance Bank said, “Inter-Bank Fund Transfer Facility (IBFT) is yet another proud addition to our wide array of convenient and progressive banking services that will provide our customers the ultimate funds transfer convenience. The introduction of IBFT facility is a millstone for FINCA and it will help us to scale up our customer services”.

FINCA Microfinance Bank caters to small business entrepreneurs and the IBFT facility will open new possibilities for the entire FINCA Pakistan customers. From small entrepreneurs to high net worth deposit customers, every member of FINCA Microfinance Bank Ltd family will be able to benefit from the new IBFT facility.

Muhammad Irfan

The writer is assistant editor at Lahore Dispatch. He writes on Technology, education and Sports. You can find him on Google+

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