News/Events
MCB Mobile no longer in Beta Version.
January 1 2010
Starting January 2010, MCB Mobile is no longer in its Beta version. An annual fee of Rs.300 +FED is applicable on users whose three month free trial period has lapsed. For more information please call 111-000-622
Announcing the Launch of Millions of Branches
July 7 2009
MCB Bank Limited announces the launch of Mobile Banking facilities for its customers, a first of its kind for Pakistan.
Speaking on the occasion, Atif Bajwa, President & CEO of MCB Bank Limited said that “MCB Mobile was just a first step by the bank in ensuring the cost effective delivery of financial services outside the banks traditional branch network. He added that with the advent of the State Bank of Pakistan’s Branchless Banking Guidelines, development of a number of new financial products and services were already underway at MCB. These products have been designed to not only increase MCB’s customer reach, but they would serve to broaden the access to financial services to a sizable bankable population who have mobile phones but no bank accounts or formal banking relationships.”
He further added, subscribers to “MCB Mobile” are not restricted to just viewing account balances or requesting mini-statements, they are able to securely effect a host of payments, such as pay utility bills, recharge pre paid and make post paid payments for their mobile phone connections, they can even conduct account to account fund transfers from their mobile phones in just seconds.
Mehreen Ahmed, Group Head of Consumer Banking at MCB, also speaking at the occasion, said that“MCB Mobile” was conceived and developed to offer customers unparallel transactional convenience and control over their finances by giving them 24 hours a day and 7 days a week access to their bank accounts through their mobile phones”
MCB Bank Wide Mobilization Drive Initiated
April 5 2009
A Bank wide Mobilization drive has started within MCB. The objective as mentioned by the remote banking team is to “Mobilize” the entire bank and ensure that maximum number of staff members of MCB sign-up and use MCB Mobile to make their payments.
This drive is expected to continue for the next month. Mobilizes are to be identified and trained on MCB Mobile to ensure that this drive is successfully taken across the country wide branch network.
MCB sponsors 2nd m-commerce conference in Karachi
March 2009
MCB was one of the main sponsors of the 2nd Annual Mobile Commerce Conference held in Karachi on 11 March 2009. The conference was attended by a number of Banks, Telco’s and Technology companies.
Mr. Atif Bajwa - President of MCB Bank Limited, delivered a key note address encouraging the Banks and Telco’s to work together in bringing about the next banking revolution. He highlighted MCB’s commitment to Mobile Banking and M-Commerce products and invited the Telco’s to come join hands with MCB.
MCB meets the Chairman PTA
February 2009
A delegation of MCB led by Mr. Qasif Shahid - Head of remote banking met with Dr. Yaseen - the chairman Pakistan Telecom Authority. The meeting was attended by a number of high ranking officials of PTA and members from all 5 Telco’s.
Key issues effecting successful deployments of Mobile Banking in Pakistan were discussed. It was agreed that a task force will be created which will have representation of all 5 Telco’s to deal with these issues and pave a roadmap for Mobile Banking. This task force has been created and is chaired by the PTA.
MCB Signs up with Fundamo Mobile Banking
January 2009
MCB Bank has signed up Fundamo for its Mobile Banking solutions.
Read more about Fundamo at www.fundamo.com
As the world’s largest specialist mobile financial services provider, Fundamo has the expertise to build the technologies, the experience to build the businesses and the vision to build the industry.
Fundamo is represented in Pakistan by their official partners Access Group (Pvt) Limited (www.access.net.pk)
