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FBZ, BancABC to integrate banking systems

NATASHA BWALYA, Lusaka
THE integration of the core banking systems of BancABC and Finance Bank Zambia Limited will not require the latter customers to change their account numbers or cheque books, BancABC has disclosed.
According to a statement issued by BancABC head of marketing and communications Eric Ngondo, despite the integration, Finance Bank Zambia customers will not change their cheque books or automated teller machine (ATM) cards as reported earlier.
Mr Ngondo also stated that all accounts, balances and relationship will continue to be protected during the transition period, from December 1 to 3, and both banks will remain fully operational.
“For FBZ customers, there will be no changes to your account numbers or cheques and therefore it will be business as usual,” he said.
Mr Ngondo, however, said BancABC customers will be assigned new account numbers although the current account numbers remain valid till further notice.
He also stated that the BancABC customers will not be required to change their existing cheque books or ATM cards following the move.
Upon the completion of the integration, the immediate benefit for customers will be access to any of the two banks’ branches and ATMs as well as access to the wider products and services.