CAPE TOWN – FNB has facilitated R11.8 billion in payouts to property buyers using nav» Home in its banking APP.
Since launching nav» Home in 2016, about 10 000 families have been placed in homes through the seamless functionality.
Mobile banking is a service provided by a financial institution that lets its customers conduct financial transactions remotely using a mobile device such as a Smartphone or Tablet. The purpose of an app is to allow you to serve yourself and do your banking using your smartphone or tablet.
Apps boast a host of features, from calculators to work out vehicle repayments, home loan repayments and home loan affordability.
Chief executive of FNB Retail, Raj Makanjee said buying a home was the single biggest investment and financial commitment that most individuals and families will make, and the aim was to make this a worthwhile family experience.