Standard Chartered Bank (SCB) has entered into a global ATM alliance with China Unionpay (CUP).
In a statement to ZANIS issued yesterday by Standard Chartered Bank Country Corporate Affairs Manager Joy Sata, the company’s global network will now provide ATM services to CUP cardholders in 20 different countries and territories worldwide.
She said the bank plans to extend this service to other African markets adding that this service is now currently available in Kenya, Zambia, Gambia, Uganda and Botswana.
Ms. Sata explained that China Unionpay cardholders will now be able to withdraw cash and perform account inquiries at over 2,000 Standard Chartered Bank ATMs across Africa, Asia, and the Middle East.
She said the deal by the bank is yet another demonstration of the importance the bank attaches to the growing Africa-China trade corridor.
ZANIS
Good News.Very good indeed
Sounds like a service for the Chinese or those based in China. Good for the bank anyway.
guys do not be myopic over straight-forward issues here. look at what this move will create for our economy.