Standard Bank launches deposit-taking ATMs in Malawi

In its quest to continue moving its customers forward Standard Bank has launched the deposit-taking Auto Teller Machine (ATM)  services in Malawi.

 ATM depositing machine

ATM depositing machine

Customers using ATM ti deposit

Customers using ATM ti deposit

Standard Bank Head of Marketing Thokozani Unyolo said the launch of deposit-taking ATMs is in line with the bank’s continued improvements in digital banking capabilities in response to increasing customer preferences.

“Provision of innovative solutions has become the new world order in banking. In recent years, Standard Bank has been tuning up its technology-based services with a view to providing convenience for customers.

“Introduction of deposit-taking ATMs is one of the innovations that the bank is bringing in 2015 as we seek to take over the digital banking space, and move our customers forward,” she said.

Unyolo said the new service is available at existing ATM points across 11 strategic branches of the bank in Malawi. These are  Mzuzu, Blantyre, Lilongwe, Capital City, Limbe and Zomba. Customers must use their personal ATM cards in order to interact with deposit-enabled ATMs.

“With deposit-taking ATMs, we are giving our customers the opportunity to transact at anytime without worrying about day banking hours or queuing for a teller. The service is easy, fast and secured by our recently refurbished ATM cubicles,” she said.

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15 thoughts on “Standard Bank launches deposit-taking ATMs in Malawi”

  1. haward says:

    Waiting for my national bank ti do the same

  2. hahahaha zafika mochedwa ife tinaziyamba kale zimenezo loool….

  3. lightkinky says:

    Banking millions on ATM assure us with security for all ATMs are on the open.

  4. Blues says:

    Please National Bank do the same!!!

  5. Obvious Phiri says:

    Even in Malawi, Standard Bank isn’t the first bank to bring in such ATMs because MSB did so two years ago!

    And years back NBS was rumoured to be planning such facilities but I don’t know whether they were ever implemented.

  6. Abu Zubeir says:

    kukufunika mobile banking ur fellow banks have them nanunso tapangani that might ease mizele mumabankimu as well. good development

  7. ujeni says:

    I just dont understand what some folks here are up against this story. Atm which allows deposit are new in Malawi but certainly not new in regional countries. Dont give credit either to Standard Bank, this is an old innovation just like Television station came late in Malawi. used ATM for deposit first time some 5 years ago.

  8. OTATA says:

    Amayiwo ndayani ndipo mawu apamunsiwo mwati bwa?

  9. Lone Ranger says:

    Akuti chani amenewa “new world order?” Baibulo silamasewela ndakhulupilila ok!!!

  10. Napolo says:

    No. 2 is right. The story isn’t telling us what we want to know at this point in time. News is supposed to educate , inform and entertain. There’s none in this article.

  11. Austin kamphika says:

    Technology its best

  12. Chikopa says:

    Nyambosi anena zoona. We need to know whether there will be charges attached. Which denominations will be accepted by the machine since most Standard Bank Machines are only stacked with alovela – you can’t withdrawal MK400.00 or even MK800.00.

  13. mwana mulopwana says:

    this will ease queues , whoever decided to introduce these ATMs at Standard bank is a creative and innovative guy

  14. Nyambosi Bonomali says:

    The author of the story is as ignorant as a street vendor. S/he doesn’t know what this new innovation is all about. There s no explanation as to what deposit-taking means and how it operates and what benefits it will bring to the customers. Kungokopera zomwe eni ake a bank alemba without anayalysing it, popandanso kutambasula bwino bwino for the benefit of the reader. This is cheap journalism or an uneducated journalism if you like. The editor must send back the reporter to the ban to get more details from Unyolo and rewrite the story. Do not write stories with an assumption in mind, but write to express issues clearly.

  15. Piche Yakiti says:

    This is moving forward indeed

Comments are closed.