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	<title>digital banking &#8211; TECH POINT MAGAZINE</title>
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	<description>-Beyond Technology-</description>
	<lastBuildDate>Fri, 15 Nov 2019 15:19:47 +0000</lastBuildDate>
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		<title>ABSA Bank unveils its first Digital banking branch in Uganda</title>
		<link>https://techpointmag.com/absa-digital-banking-branch/</link>
		
		<dc:creator><![CDATA[Humphrey Mpairwe]]></dc:creator>
		<pubDate>Fri, 15 Nov 2019 15:19:35 +0000</pubDate>
				<category><![CDATA[Banking & Insurance]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[ABSa]]></category>
		<category><![CDATA[digital banking]]></category>
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					<description><![CDATA[The new Digital bank is located at the Jubilee insurance building along Parliament avenue in Kampala and is home to full self-service transaction machines that cater for each and every user in the queue without a Teller thread at the branch]]></description>
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<p>After successfully rebranding all its branches from Barclays to ABSA, the SouthAfrican based pan African bank has introduced the first-ever fully digital banking branch in Uganda.</p>



<p>The new Digital bank is located at the Jubilee insurance building along Parliament avenue in Kampala and is home to full self-service transaction machines that cater for each and every user in the queue without a Teller thread at the branch</p>



<p>Amazingly, instead of having customer support staff present at the branch, the new ABSA wing has a chatbot that assists customers with instant replies to frequently asked questions Via WhatsApp and a public Webpage address accessible at the branch</p>



<p>Speaking at the public launch of the new digital branch, the Absa managing director Nazim Mahmood inked the brand&#8217;s ambition to be the best digital future embracer and still serving customers reliably from the word Go as he said</p>





<h2 class="wp-block-heading">The Services offered at Absa&#8217;s digital banking branch</h2>



<p>Unlike any other bank branch in Uganda, Absa&#8217;s new digital branch has less human resources as ATMs at the location can accomplish tasks much better the same way you could in a regular bank branch. Nonetheless, these are the full services offered inside the Absa digital branch</p>



<ul class="wp-block-list"><li>24/7 Self service ATM terminals for deposits &amp; withdraws</li><li>Bulk cash deposits via the bulk cash depositor machine</li><li>Utility bill payments</li><li>bank Statement prints</li><li>Interbank and International funds transfer</li></ul>



<p>As a matter of fact, Free Wi-Fi is served as a spicer at the digital branch to allow customers to transact with their internet-enabled devices incase of long ques at the branch. </p>



<p>More so, bank statements can be accessed by simply triggering the print section at the branch in a bid to reduce on the amount o time bankers spend in ques as Mr Nazim further concluded</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p>Using these digital branches, we intend to enable our customers spend less time in queues by leveraging modern technology to facilitate their banking. This change in strategy for us as a bank sees us become a digitally-led bank, a reflection of our renewed customer focus, placing their needs first and redefining customer journeys with Absa</p></blockquote>
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