Banking at your fingertips

BSP’s Mobile Banking 3^rd Party Funds Transfer is the creative, safe, convenient and cheap approach to the often long winded process of cash transfers.

Not so long ago, to transfer funds from one BSP account to another within or another bank, BSP customers had to leave the comforts of their home or office, travel to the branch, stand in line, fill a deposit form to get it done.

It was a hassle, a daunting task that consumed so much time, effort and money.

BSP has harnessed the advances in technology and has transformed traditional banking to innovative mobile banking. Today, BSP’s innovative Mobile Banking service makes transferring funds simple and convenient with minimal hassle to its customers.

How it works

With BSP Mobile Banking funds transfer, you have the option of transferring funds from your BSP account to another account within BSP. BSP customers can also transfer funds to accounts at other banks.

Funds are transferred in real-time and helps reduce the risks and costs of cash handling. Doing an over the counter transfer to a third party is also quite expensive.

If you are a BSP customer, simply call BSP’s Customer Service Centre to register your number for Mobile Banking. You will need a registered Digicel mobile phone number.

If you are registered for BSP Mobile Banking, these are the following steps:

·         STEP 1: Dial *131#

·         STEP 2: Enter your  Mpin,

·         STEP 3: Press 2 – FUNDS TRANSFER

·         STEP 4: Press 2 – 3^rd PARTY TRANSFER

·         STEP 5: Select your Account that you will transfer funds from

·         STEP 6: Enter 3^rd party account number

·         STEP 5: Select bank

·         STEP 6: Enter amount

·         STEP 7: Confirm the transaction.

 

Once this transaction is complete, the customer gets an SMS confirming the transaction has been processed.
 

BSP is the only bank, which offers a 24/7 Customer Service Centre, so customers can contact email: servicebsp@bsp.com.pg or telephone 320 1212 or 7030 1212 if they need more information or require assistance.  

Why it's Helpful

BSP’s Mobile Banking essentially eliminates the need for customers to go to a bank when they want to transfer funds. For instance, if a child is away at university and needs some urgent cash for stationary, the mum and dad can use their mobile phone to transfer the funds.

No more using third party vendors for wires or cash transfers, which saves a lot of time. With only a mobile phone, the transfer is completed immediately. The child can then use his or her BSP Sumatin Card to access the funds at the nearest BSP ATM or EFTPoS merchant.

For “on the go” businessmen or people who frequently travel, the ability to transfer funds via mobile phone cuts down on potentially stressful situations. Just “type, click, and send”.

Traci Saruva, is one of thousands of happy BSP Mobile Banking customers who can attest to this.  

She says “Mobile Banking enables me to do various transactions without coming into a branch, which is time-consuming.  As BSP’s has locations nationwide, and most of my family members have BSP accounts, it’s easier to transact using Mobile Banking”.

Another BSP Mobile Banking customer, Gerard Varily, could not agree more.

Gerard works in a remote Highlands Province, while his family resides in Kokopo, East New Britain Province.

Because of the nature and location of his job, finding time to go to the nearest bank branch to transfer funds to his family is not a luxury he can afford. His nearest BSP branch is four (4) hours away.  

“I have practically used BSP Mobile Banking and can confidently say, as a father working in a remote location, funds transfer via mobile banking is convenient. It saves me the hassle of travelling long distances to the nearest BSP branch and worry of sending money to my children on time,” he says. 

“Sometimes my children just request for K20 which I can easily transfer to their Sumatin Account,” he adds.

Because he has BSP Mobile Banking, he often assists his work mates who are not registered for Mobile Banking.

“They give me cash, so I transfer funds to their family, but I’ve encouraged them to sign up for mobile banking,” he says.

For Gerard, BSP has made his life so much more easier, because apart from utilising the 3^rd Party Funds Transfer option, he also receives Salary Alerts via his mobile phone, so he knows when pay is credited to his bank account.

Many ordinary Papua New Guineans have embraced the mobile phone as a means to communicate conveniently and cheaply. For BSP customers, they can now, use their mobile phone to communicate and also do banking in the virtual world instead of paper.

No need to worry, because banking is now at your fingertips, as they saying goes.