Agency Banking
Agency banking services refer to the delivery of financial services to customers through the bank’s (agent) acting on behalf of a licensed deposit-taking financial institution in this case AG Mortage bank Plc.
Features
Key Features
AG Mortgage Bank’s agents provide real-time banking services like deposits, withdrawals, bill payments, and transfers through seamless system connectivity.
Bank Agents
Use of Bank Agents to facilitate financial services for shops or business individuals)
Banking Services
Agents can perform services like deposits, withdrawals, balance inquiries, bill payments, and mobile money transfers on behalf of the bank.
Real-Time Agency Transactions
Agency banking transactions at AG Mortgage Bank are carried out in real time, ensuring seamless connection between agents and the Bank’s systems
Benefits of Agency Banking
Increased accessibility by extending banking services to remote and underserved areas through local agents.
Convenience for customers by allowing agents to perform transactions closer to their homes or businesses without visiting a bank branch.
Enables agents, to perform banking services and make income at reduced fees and charges.
Free on-boarding fees, sim cards and data.
Got questions?
Well, we've got
answers
Agency Banking is a service where approved agents act on behalf of AG Mortgage Bank Plc to provide basic banking services to customers. These services are delivered through shops or business individuals without the need for a physical bank branch.
Shop owners, business individuals, and entrepreneurs with a suitable business location can become agents. Once approved, they are authorized to provide banking services on behalf of AG Mortgage Bank Plc.
Customers can carry out transactions such as cash deposits, cash withdrawals, balance inquiries, bill payments, and mobile money transfers. All transactions are processed in real time through the bank’s system.
Agency Banking increases accessibility by bringing banking services closer to customers, especially in remote and underserved areas. It offers convenience by allowing customers to perform transactions near their homes or businesses without visiting a bank branch.
Agents earn income by performing banking transactions at reduced fees and charges. In addition, AG Mortgage Bank Plc offers free onboarding, including SIM cards and data, making it easier and more affordable to start operating as an agent.
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