Digital solution processes PGK7 million in transactions, delivering greater convenience, speed and security for NCSL members
NCSL is pleased to announce the continued success of its MyNCSL Adhoc Remittance feature, available through both the MyNCSL mobile app and web platform.
Developed with members’ needs in mind, the innovative solution makes transferring funds fast, easy and secure.
The Adhoc Remittance feature enables members to transfer funds directly from their commercial bank accounts to their NCSL accounts using unique reference numbers.
Payments are automatically credited to the nominated member accounts, eliminating the need to submit receipts manually and providing a more convenient and efficient experience.
Whether you are an Eda Supa member or a Normal member, you can easily use this feature to remit funds from your commercial bank to your NCSL account. By simply entering your unique reference number when making a transfer, the system automatically detects your payment and instantly credits it to your account, without requiring you to send an email or notify NCSL. This automated process saves time, ensures accuracy, and provides peace of mind that your funds are safely and promptly processed.
Since its introduction, the Adhoc Remittance feature has already processed PGK7 million in transactions this year alone. This achievement demonstrates how members are using the solution to boost their eligibility for loans, increase savings, and reduce outstanding loans.
According to NCSL CEO Frans Kootte, the feature has transformed the member experience by streamlining financial processes and ensuring efficient service delivery.
“NCSL’s commitment to continuous innovation is driven by our dedication to improving the lives of our members. By introducing solutions like Adhoc Remittance, we give you the confidence to manage your finances seamlessly, securely, and without hassle,” Mr Kootte stated.
“Our goal is to empower members to take control of their savings and loans, knowing that NCSL is always striving to deliver positive, tangible results.”
NCSL is grateful to all its members for embracing this solution and looks forward to delivering even more enhancements that simplify their financial journey with the society.
