In response to the Covid-19 pandemic City Bank has introduced a mobile app for its working capital finance customers to ensure physical distancing, according to press release issued on Sunday. The customers are the distributors and retailers of local and multinational conglomerates. Through this app, customers will be able to withdraw and deposit money 24/7- 365 days. The on-boarded distributors and retailers will be able to use funds anytime they require by making 3 clicks from their home, said the release, adding that they will also be able to repay to City Bank with 3 clicks.“It will be a seamless account to account transfer,” went on the statement. City Bank has been funding short term working capital to distributors and retailers across the country since 2019.
