FNB reduces electronic transaction fees

FIRST National Bank (FNB) has reduced fees on electronic transactions to lessen reliance on the use of paper and cash transactions in the country.

FNB chief executive officer Johan Maree said the bank has increased manual transaction services and reduced electronic transactions to encourage the public to utilise the electronic services as the country moves towards a cashless society to enhance security.
Under the new pricing plans to be effected next month, performing transactions electronically rather than manually and in branches will save customers money.