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HomeBusinessNBS Bank embarks on system upgrade

NBS Bank embarks on system upgrade

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Malawi’s leading commercial bankers, Listed NBS Bank Plc has started the process of migrating to a new FLEX-CUBE system with an assurance of improved service delivery.

The ‘Caring Bank’ announced plans to start the upgrade from the current T24 core banking system to FLEX-CUBE today (September 6) from 6pm to Saturday, 7th September at 6am when all services will not be available.

The Bank’s Acting Head of Strategy, Products and Marketing Inqxhuiniso Dzoole-Mwale said the transition will introduce new functionalities and customer-friendly features aimed at enhancing cost efficiency and flexibility. 

“The new banking system will mark a significant upgrade from the T24 system to the FLEX-CUBE core banking system, offering modernized technology, scalability, performance improvements, and enhanced cost-effectiveness and flexibility for customers.”

“Additionally, all NBS Bank Service Centres will not be operational from Saturday 7th of September until Monday 9th of September 2024.

Dzoole-Mwale: Customers will benefit

“Our ATMs, POS Machines and local cards services will resume at 06:00 AM on Saturday 7th of September until 06:00 Am on Sunday 8th of September 2024 following which our ATMs will not be accessible on Sunday from 06:00 AM until 10:00 AM,” said Dzoole-Mwale.

Added Dzoole-Mwale: “With the coming of FLEX-CUBE, NBS Bank plc has set a new standard in banking services, ensuring that customers benefit from the latest innovations in the industry.

“The Bank’s proactive approach to communication and security highlights its dedication to providing a seamless and secure banking experience,” he said.

“With the coming of FLEX-CUBE, NBS Bank plc has set a new standard in banking services.”

Inqxhuiniso Dzoole-Mwale
NBS Bank’s Acting Head of Strategy, Products and Marketing

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