Daily Transaction Limit Raised For CBZ Smartcash Account Holders

By Alvine Chaparadza

CBZ bank lite account service, Smartcash has increased its daily transactional limit from $300 to $1000. The increase will come as great news to Smartcash customers as this will enable them to increase the volume of their transactions.

Smartcash was introduced in 2014 to increase financial inclusion through providing low-cost bank accounts for the unbanked population.

Lite bank accounts have found favor with many people because they have no mandatory minimum account balances and they have no monthly service fees. And CBZ’s agency banking helped it to register as many as 100 000 Smartcash accounts.

Additionally, the …read more

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