• Latest
Africell Closure: Customers to Recoup Savings from Stanbic Bank

Africell Closure: Customers to Recoup Savings from Stanbic Bank

4 years ago
Shida Leni Breaks National Record as Adoli Haron Sets Personal Best at Kip Keino Classic

Shida Leni Breaks National Record as Adoli Haron Sets Personal Best at Kip Keino Classic

15 hours ago
Sad News: Tennis Star Cedric Babu Passes On

Sad News: Tennis Star Cedric Babu Passes On

15 hours ago
Musevenomics 2025 Underscores Resilient Growth on Uganda’s Path to Prosperity

Musevenomics 2025 Underscores Resilient Growth on Uganda’s Path to Prosperity

20 hours ago
Pictorial: Makerere’s Iconic Ivory Tower Re-opened in its Restored Glory

Makerere Moves to Digitise Academic Transcripts

21 hours ago
Uganda Reaffirms Commitment to AfDB Partnership

Uganda Reaffirms Commitment to AfDB Partnership

21 hours ago
Museveni Signs Coffee Bill into Law

Museveni Signs Sugarcane Bill into Law

21 hours ago
SoftPower News
Sunday, June 1, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Africell Closure: Customers to Recoup Savings from Stanbic Bank

Bank of Uganda has advised all Africell mobile money customers to claim their monies from Stanbic Bank Uganda.

by Muhamadi Byemboijana
October 7, 2021
Africell Closure: Customers to Recoup Savings from Stanbic Bank
1
VIEWS

Bank of Uganda has advised all Africell mobile money customers to claim their monies from Stanbic Bank Uganda.

The Governor, Bank of Uganda, Emmanuel Tumusiime Mutebile, in a statement, said Stanbic Bank shall pay all the beneficiaries over a period of ninety days with effect from October 8, 2021.

Related Stories

Shida Leni Breaks National Record as Adoli Haron Sets Personal Best at Kip Keino Classic

Sad News: Tennis Star Cedric Babu Passes On

Musevenomics 2025 Underscores Resilient Growth on Uganda’s Path to Prosperity

Mutebile said after the expiry of the ninety days, the details of any unpaid beneficiaries and respective amounts shall be transferred to Bank of Uganda.

“There after any customer claims shall be submitted together with supporting identification details to the office of the Director National payment Systems Department,” He said.

Mutebile advised the Africell mobile money customers to visit the Stanbic bank branches with their identification details and an alternative phone number or back account to which payment can be made.

Africell Uganda Limited will cease to deliver mobile money services with effect from October 7, 2021.

This follows the company’s voluntary exit from the Ugandan Market,

The company was offering mobile money services in partnership with Stanbic bank Uganda Limited.

Mutebile assured Ugandans that the central bank, will continue to safeguard the stability and integrity of the financial sector.

Tags: AfricellBoUcustomersGovernorMutebileSoftPower NewsStanbic bank

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Shida Leni Breaks National Record as Adoli Haron Sets Personal Best at Kip Keino Classic

Sad News: Tennis Star Cedric Babu Passes On

Musevenomics 2025 Underscores Resilient Growth on Uganda’s Path to Prosperity

Makerere Moves to Digitise Academic Transcripts

Uganda Reaffirms Commitment to AfDB Partnership

Museveni Signs Sugarcane Bill into Law

Visit UBOS Website
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News