CRDB INSTALLS ATM AND COMMENCES AGENCY BANKING IN KIU, DAR ES SALAAM
A leading private commercial bank in Tanzania, Cooperative Rural Development Bank (CRDB), recently installed an Automated Teller Machine (ATM) and also commenced agency banking known as FahariHuduma in Kampala International University (KIU), Dar Es Salaam Constituent College, Gongo La Mboto.
The installation was done at the main gate of the university, to enable students, staff and members of the community at large to access banking services easily.
“We hope to get more banks to install ATMs in the university premises to ease financial transactions”. The Deputy Vice Chancellor Academic Affairs, Dr. Abanis Turyahebwa posited, adding that it will go a long way to relieve students and staff from the stress of going to town to withdraw money, deposit their fees and get cleared for examination when the need arises. Seeing that the salaries of staff are being paid through the same bank, this move no doubt will be beneficial to them as they will be able to access their salaries right here on campus through these platforms, without stress in view of their tight academic and administrative activities.
The following are services offered online by FahariHuduma through Point of Sale (POS) terminals:
- Cash deposits using card/without card
- Cash Withdrawals using card/card less
- Balance enquiries
- Mini statements
- Bills payments
- Issuance of cards
- Cheque deposits
- Account opening
Members of the KIU community are happy about this development seeing that it has brought banking services to their door steps, this being the first of its kind in the entire KIU community. Lotha Mussa, a staff in the Admissions department has this to say: “I enjoy the services. I can easily withdraw and make deposits from there without going to the bank. I also use it to pay for Tanzania Revenue Authority (TRA) and make other payments, when the need arises”. In the same vein, Simon Lazarus a student of Bachelors of Medicine and Surgery (BMS) being a first time user of the newly installed ATM, attested to the services being closer to students, thereby making access to banking services handy for them.