Customers of First City Monument Bank (FCMB) now have access to a novel product called the FCMB Airtime Advance, which allows them to borrow any amount between N200 and N5,000 directly from their bank accounts in order to pay for airtime, regardless of their financial situation.
In a statement about the programme, the bank said: “The airtime Advance solution seeks to provide instant help to customers, who may be in urgent need of airtime to make phone calls, send text messages, or engage in other important communication activities.
Customers will no longer have to stress about how to add more airtime to their phone lines thanks to FCMB Airtime Advance.
“FCMB Airtime Advance is an innovative proprietary product of the bank.”
“The product will eliminate the discomfort of getting disconnected in the middle of telephone calls due to insufficient airtime by bridging the funding gap.”
“Customers with or without existing FastCash loans can access the Airtime Advance based on eligibility by dialling FCMB’s USSD code of *329# or via the loan string *329*11#. The loan has flexible repayment cycles, and the repayment is taken from funds in the customer’s account.”
However, speaking at the product launch in Lagos, Mrs. Yemisi Edun, Managing Director, FCMB, said; “We are excited to take the lead as the first in the Nigerian banking industry to introduce an Airtime Advance product. We want to support as many people as we can. It gives a lot of joy to realise that we are helping individuals, households, and businesses across the nation meet critical needs.”
“Nigerians should take advantage of the FCMB Airtime Advance. We are commitment to delivering value-added digital banking solutions and superior customer experience.”
Also, FCMB’s Divisional Head, Personal Banking, Mr. Shamsideen Fashola, said; “The Airtime Advance is a product of necessity. The inability to purchase airtime, which limits communication or getting disconnected during a call due to insufficient airtime, can be embarrassing.”
“Our Airtime Advance solution will eliminate this, enabling more Nigerians to connect by having access to money to top-up their lines.”