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POSB expands agency banking services

At the selected ZimPost offices, POSB customers can withdraw and/or deposit cash in both US dollar and Zimbabwe Gold (ZWG).

THE People’s Own Savings Bank (POSB) has strengthened its partnership with Zimpost to expand agency banking services by launching the POSB ZimPost Convenience Banking Services at 28 ZimPost offices across Zimbabwe.

At the selected ZimPost offices, POSB customers can withdraw and/or deposit cash in both US dollar and Zimbabwe Gold (ZWG).

Additionally, they can open accounts or apply for loans.

In the first phase, such services will be offered at ZimPost offices at Bulawayo Main Street, Raylton, Chimanimani, Nhedziwa, Murambinda, Mutare Urban, Nyanga, Harare Main Post Office, Seke-Makoni, Zengeza, Norton, Masvingo Urban Zimpost, Jerera, Gutu Mpandawana, Ngundu, Chegutu, Kadoma, Kwekwe, Hwange, Lupane, Maphisa, Plumtree, Mt Darwin and Mudzi.

ZimPost offices in Murehwa, Nkulumane in Bulawayo, Mvurwi, Rutenga and Mataga will be added to the list soon, officials said.

“The strategic deployment of the POSB ZimPost convenience banking services heralds a new era of our customer-centric approach, characterised by the decentralisation of banking services and a commitment to customer convenience. Our objective is to seamlessly integrate banking solutions into the fabric of local communities, ensuring that no one and no place is left behind, in line with the country’s Vision 2030,” said POSB chief executive officer, Garainashe Changunda.

“The initiative means that residents of Chimanimani in Manicaland, for instance, are no longer compelled to undertake the journey to the Mutare service centre for financial transactions. Instead, they can effortlessly perform cash withdrawals at Nhedziwa or Chimanimani ZimPost offices.

“Similarly, the service empowers customers in Matabeleland South province to access POSB’s offerings at the ZimPost outlets in Plumtree and Maphisa. As POSB, we seek not only to redefine the concept of accessibility and proximity banking, but also to align with the ethos of community integration, which fosters economic inclusivity.”

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