23 September, 2023, 4:42 pm Central - 25°C Rain

HFC Bank customers can soon use BSP ATMs and EFTPOS service

HFC Bank customers can soon use BSP ATMs and EFTPOS service

By Rashika Kumar
Saturday 18/09/2021
HFC Bank CEO, Rakesh Ram and BSP Country Head Haroon Ali. [Photo: Supplied]

HFC Bank customers will be able to use all BSP ATMs and EFTPOS machines to make payment or withdraw funds and the same will apply vice-versa for BSP customers on all HFC Bank machines.

This comes as HFC Bank and BSP Financial Group Ltd have signed an interchange agreement where customers of both banks can transact interchangeably on ATMs or EFTPOS machines.

HFC Bank CEO, Rakesh Ram says the signing of the bilateral agreement continues to boost HFC Bank’s commitment in achieving its digital goals which is aimed at providing greater reach to the people of Fiji and it also recognises the banks’ increasing customer base.

Ram says he is very proud of this engagement with BSP which has the largest network of ATMs and EFTPOS machines in Fiji and greatly appreciate BSP’s collaboration with Fiji’s only local bank.

BSP Country Head Haroon Ali says they welcome this bilateral partnership to include HFC Bank in the ATM/EFTPOS interchange between banks to allow HFC customers to have access to the largest network of 121 ATMs and over 2,000 EFTPOS terminals.

He says these bilateral partnerships allow BSP to realise on its strategic imperative of financial inclusivity and moving Fiji towards electronic channel payments instead of cash.

HFC Bank already has an interchange agreement with Westpac Bank.

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