{"id":45304,"date":"2023-07-08T18:05:55","date_gmt":"2023-07-08T18:05:55","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts"},"modified":"2023-07-08T18:44:51","modified_gmt":"2023-07-08T18:44:51","slug":"standard-bank-starts-awarding-customers-who-switch-salary-accounts","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts","title":{"rendered":"Standard Bank starts awarding customers who switch salary accounts"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Salary and other income earners have a chance of winning a share of K22 million in cash prizes if they switch their salary accounts to Standard Bank Plc, Head of Personal Banking, Takula Kapalamula has said.<\/p>\n

This was announced on Friday when the bank launched its \u2018Switch & Win\u2019 promotion whose grand prize is K10 million which runs from July 7-October 31.<\/p>\n

\u201cAt Standard Bank, we are very passionate about giving all Malawians access to advanced digital financial services, through our suite of 247 digital banking channels (USSD, App and Web),\u201d he said.<\/p>\n

\u201cWe pride ourselves in offering innovation and being one of the leading banks in the provision of digital services, which include our digital loans accessible on 247 Online in 3 minutes \u2014 for qualifying customers.<\/p>\n

\u201cWe are also passionate about promoting a culture of savings while expanding the benefits from our financial inclusion initiatives that include a robust digital banking platform under 247, hence this promotion.\u201d<\/p>\n

He further said the promotion will encourage customers to save by promoting the opening of PureSave accounts with minimum deposit balances from a threshold of K10,000, saying: \u201cWe believe that by partnering with us, more Malawians will be able to access reliable banking services and grow their wealth.<\/p>\n

\u201cStandard Bank offers class leading transaction platforms including ATMs, POS and Cash Deposit Machines and the Bank\u2019s Debit card continues to offer unrivalled reliability both in country and when clients travel abroad.<\/p>\n

\u201cIn line with our brand purpose; \u2018Malawi is our Home; We Drive Her Growth\u2019, we also believe in empowering individual customers to join the ecosystem of wealth generators by setting aside money for future needs. As personal savings grow, so will the country\u2019s overall wealth,\u201d he said.<\/p>\n

Among the prizes, Standard Bank will give out to monthly winners in four prize categories \u2014 K1 million to one account holder, K500,000 to one other account holder, K200,000 each to 3 customers while 50 people will each be winning K50,000.<\/p>\n

For non-Standard Bank clients to enter the promotion, they need to open a new Standard Bank account and switch their salary to be received in the new account.<\/p>\n

Existing Standard Bank account holders need only open a new Pure Save account within the promotion period and maintain K10,000 balance or more for the promotion period.<\/p>\n

Kapalamula said the promotion is a gateway for customers to enjoy the bank\u2019s efficient digital banking network available through the 247 gateway, Enterprise and Business Online, among other channels.<\/p>\n

\u201cStandard Bank now offers the country\u2019s most stable, agile, and efficient digital banking system available through 247 Mobile, App and Online. We boast a very robust digital banking network and one where incidents of down-time are indeed rare.\u201d<\/p>\n

The Personal Banking Head also touted the benefits of a Pure Save account as a convenient tool for boosting a culture of saving during tough economic times such as we are experiencing now.<\/p>\n

\u201cApart from earning interest, a savings account can come in handy in case of emergencies and also for individuals who are planning for a personal milestone or activity which may include, but is not limited to, school fees, a wedding, holiday trip or celebrations,\u201d he said.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Salary and other income earners have a chance of winning a share of K22 million in cash prizes if they switch their salary accounts to Standard Bank Plc, Head of Personal Banking, Takula Kapalamula has said. This was announced on Friday when the bank launched its \u2018Switch & Win\u2019 promotion whose grand […]<\/p>\n","protected":false},"author":84,"featured_media":45303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,371,234],"class_list":["post-45304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nStandard Bank starts awarding customers who switch salary accounts - Malawi<\/title>\n<meta name=\"description\" content=\"Salary and other income earners have a chance of winning a share of K22 million in cash prizes if they switch their sala ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Standard Bank starts awarding customers who switch salary accounts\" \/>\n<meta property=\"og:description\" content=\"Salary and other income earners have a chance of winning a share of K22 million in cash prizes if they switch their sala ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-08T18:05:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-08T18:44:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1688825426.583344.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Standard Bank starts awarding customers who switch salary accounts\",\"datePublished\":\"2023-07-08T18:05:55+00:00\",\"dateModified\":\"2023-07-08T18:44:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts\"},\"wordCount\":542,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1688825426.583344.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/standard-bank-starts-awarding-customers-who-switch-salary-accounts\",\"name\":\"Standard Bank starts awarding customers who switch salary accounts - 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