CABS adds 5 currencies to payment platform

BANKING concern, CABS has expanded its outward foreign payment services by adding five new currencies to its basket in a strategic move to enhance financial convenience and expand international payments capabilities for Zimbabweans.

The bank now supports payments in 11 international currencies, following the addition of the Australian dollar, Canadian dollar, Japanese yen, Swiss franc and New Zealand dollar to complement the six currencies already supported, which are the Botswana pula, South African rand, British pound, US dollar, euro and Chinese yuan.

CABS’ enhanced outward foreign payment services enable businesses and individuals in Zimbabwe to make secure international transactions, from settling supplier payments, to covering payments for essential services such as university fees, medical bills, travel, accommodation and more.

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