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A quick guide to using the Absa NovoFX app

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David Wandera (R), Absa Uganda Head of Global Markets demonstrates to a customer how to use the NovoFX mobile application

By Our Reporter 

Transferring cash or making payments across borders is often a lengthy, tedious and costly process. Absa Bank Uganda, however, wants to change that with their new digital solution — the NovoFX app.

Launched in Uganda recently, the NovoFX app is aimed at easing international payments as customers can initiate cross-border payments through their mobile phones at their comfort and convenience.

To get started, download and install the NovoFX app via the Apple Store or Google Play. The app is only 35MB in size and should be compatible with most smartphones.

Once the customer has the app on their mobile phone, tap to open it. When it loads (takes a few seconds), the user will be asked to select their country in a dropdown menu before they can proceed.

Next, they will have to enter their Absa internet banking username and password to log in.

A one-time pin will be sent to the registered cell phone number associated with the bank account, which will then be entered to complete the process.

Once logged in, you are ready to transact. You can send money abroad by choosing from a range of currencies to make payments to friends, family or a company abroad. You can send money in over 11 currencies including Uganda Shillings, Kenya Shillings, US Dollars, British Pounds, Euros, Swiss Francs, Japanese Yen and more.

All this is done through a very responsive and easy to use interface.

The app offers live exchange rates for every transaction, allowing users to choose the best rates.

If required, users will be prompted to upload the relevant documents during the transaction flow. These can be uploaded from the mobile device storage or the cloud.

The app also allows customers to choose who will pay transactional fees and taxes. This way, the sender can choose to pay all the fees, share the fees with the beneficiaries or let the beneficiary pay all the fees.

Currently, the user needs to have a personal account with Absa Bank Uganda and also be registered for Internet Banking because these are the credentials required to sign-in to the NovoFX app. On the other hand, the beneficiary doesn’t need to have the app to receive the money but must possess a bank account where the funds are received.

However, customers without a personal account with Absa bank can still access the exchange rates on the app using the dropdown side menu. Here, users can also get a brief overview of the app, contact options and a feedback form among others.

With the app, users can send money from their local country to any country across the globe except those on the sanctions list like Iran and North Korea. You can transact up to UGX 100 million or its equivalent daily, however, every transaction is limited to Ugx 50 million or it’s equivalent.

The beneficiary will receive the funds within the same day if the transaction is made during working hours, otherwise, it may take longer.

The NovoFX app is designed for business people dealing in imports, guardians with beneficiaries abroad as well as individuals shopping from abroad.



Source – bigeye.ug

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Lifestyle

Sheebah records sex assault statement at Police CID

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By BigEyeUg Team

Songstress Sheebah Karungi yesterday, Tuesday May 17, 2022 recorded a statement at the Uganda Police’s Criminal Investigations Directorate (CID) on her reported sexual assault saga.

The “Nwakata Burungi” singer who has been mute ever since she broke the news on her sexual harassment by one of her clients she claimed to be a ‘role-model’ in Uganda, showed up before Tom Magambo, the Director of Uganda Police’s Criminal Investigations Directorate (CID).

According to close sources, Sheebah filed a case of ‘Indecent assault’ against the yet undisclosed person.

The self-proclaimed ‘Swag Mama’ made it clear that the person in question wasn’t journalist Andrew Mwenda.

Sheebah confirmed that instead saboteurs had been falsely passing wrong information to the public pointing to Andrew Mwenda and other government officials.

Sheebah’s thought to seek Police sparked last week by Andrew Mwenda who was being trolled on social media.

The Commander for Land Forces in the UPDF, Lt. Gen. Muhoozi Kainerugaba, who is also Andrew Mwenda’s close friend assured maximum security to Sheebah in case she feared for her life as she advances seeking justice in this matter.

Sheebah’s bold move has highly been commended gender activists several women both in Uganda and around the world.

We will keep you posted





Source – bigeye.ug

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Lifestyle

Not rape but bad touches – Sheebah on her sexual violation incident

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By BigEyeUg Team

Songstress Sheebah Karungi has refuted social media reports that she was raped.

Last week, Sheebah stormed her social media and revealed how she was sexually molested by yet undisclosed fabled person who had booked her to perform at his private party at his home.

Sheebah’s reports stirred countless of comments from all statuses of people as some introduced the ‘rape’ word into the saga.

However, during her press conference on Wednesday, May 18, 2022 the multi-award-winning female singer declined to have been raped.

Sheebah instead claimed to have been inappropriately touched by the man whose name she still refused to disclose.

However, the “Nkwata Bulungi” singer says that she revealed the right name to the Police CID.

I was not raped, but those inappropriate touches are the ones that lead to rape. Also, the names of people you have all been circulating on social media are not the ones, I reported the right person to CID,” Sheebah Karungi said.

Sheebah also confirmed to have recorded a statement at the Uganda Police Criminal Investigations Directorate (CID) with help of its director Tom Magambo.

We will keep you posted



Source – bigeye.ug

Continue Reading

Lifestyle

Not rape but bad touches – Sheebah on her sexual violation incident

Published

on

By


By BigEyeUg Team

Songstress Sheebah Karungi has refuted social media reports that she was raped.

Last week, Sheebah stormed her social media and revealed how she was sexually molested by yet undisclosed fabled person who had booked her to perform at his private party at his home.

Sheebah’s reports stirred countless of comments from all statuses of people as some introduced the ‘rape’ word into the saga.

However, during her press conference on Wednesday, May 18, 2022 the multi-award-winning female singer declined to have been raped.

Sheebah instead claimed to have been inappropriately touched by the man whose name she still refused to disclose.

However, the “Nkwata Bulungi” singer says that she revealed the right name to the Police CID.

I was not raped, but those inappropriate touches are the ones that lead to rape. Also, the names of people you have all been circulating on social media are not the ones, I reported the right person to CID,” Sheebah Karungi said.

Sheebah also confirmed to have recorded a statement at the Uganda Police Criminal Investigations Directorate (CID) with help of its director Tom Magambo.

We will keep you posted



Source – bigeye.ug

Continue Reading

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