HFC Bank-BSP interchange now active

HFC Bank has announced the activation of their highly anticipated interchange service with the BSP Financial Group Limited.

HFC customers now have additional access through 121 BSP ATMs for cash withdrawals, balance enquiry transactions, additional access through over 2,000 BSP EFTPOS for purchases and cash withdrawals Fiji-wide.

This also applies to BSP customers on all HFC Bank terminals.

HFC Bank CEO Rakesh Ram says the partnership is a significant enhancement towards their commitment to achieving their digital goals to cater to the growing customer base.

Ram says with the largest network of ATMs and EFTPOS in the country, the BSP platform offers a significantly wider reach to ensure convenience and accessibility for HFC customers.

Ram adds this is a great example of joint approach by commercial banks to advance the digital platform which also aligns to the recent decision by the Association of Banks in Fiji to phase out all cheques in Fiji within 2 years.

BSP Country Head, Haroon Ali says they are delighted with this newest interchange arrangement.

Ali says these bilateral partnerships allow them to achieve their goal of financial inclusivity and moving Fijians towards digital banking channels.

He adds with major digital strategies in the pipeline, their customers can expect more innovative ways to bank with BSP.