Friday, July 01, 2016

EXCLUSIVE: Fidelity banks freeze for three days


Michael Babatunde

Fidelity banks all over the nation will today commence a three- day no transaction.
In a customer care statement released by the management of the bank, all branches of the bank nationwide will experience poor operations during the period sequel to the upgrading of core Banking application.
‘’we are upgrading our core banking operations from July 1-July 3, 2016.
“This is in a bid to serve you better”
The management had earlier began the upgrading process as customers experiencing  challenged  in creation and maintenance, mandate upload/notification which had been restricted since the 24th of June, 2016.
According to the statement, there will be limited cash transactions across all branches. This implies that there will be no cash deposit withdrawal or transfer on the 1st day of the of the action, 1st of July.
The ATM facilities as well as E-channels will not be available for customers within second and third of July.
However, some affected customers have expressed displeasure at this development claiming that it will delay their urgent needs while others welcomed the development in good faith lauding the management ‘for taking the bold step so as to serve their customers better.’

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